Most Popular Lending Content
Are business credit cards reportable as small business loans?
02/09/2004
Are business credit cards reportable as small business loans?
Escrow for Income Taxes on Commercial Loan
02/09/2004
A loan officer here is wanting to set up an escrow account, on a commercial mortgage, that is to pay income taxes. He wants the money to be part of the monthly payment, and once a year we would transfer the money to the customer's DDA for the customer to pay the income taxes. Is there any reason why this can't be done, and if it can, what needs to be disclosed? Also, would an analysis need to be done yearly for this?
Are there any worksheets I can use to determine if a transaction is subject to the HOEPA requirements?
02/09/2004
Are there any worksheets I can use to determine if a transaction is subject to the HOEPA requirements?
Rolling the Closing Costs into Loan Amount
02/09/2004
Can closing costs be rolled into the loan amount on a home equity loan (closed end)?
Timing on HELOC Disclosures
02/09/2004
How soon after a Home Equity Line of Credit Application is received should the note, right of recission, and other disclosures other than the early ones go out?