MI in Section G-APR

Posted By: Bec

MI in Section G-APR - 09/20/17 05:16 PM

If we have MI listed in Section G of the LE, that is considered an APR fee, correct?
I have looked at a couple of different APR/non-APR lists and for some reason, this one is confusing me.

Posted By: rlcarey

Re: MI in Section G-APR - 09/20/17 05:19 PM

MI is always a finance charge.

Posted By: Bec

Re: MI in Section G-APR - 09/20/17 05:52 PM

Thank you for that clarification. Not sure why this one was befuddling me.
As always...thank you!!!!