Most Popular Lending Content
Converting Variable Rate HELOC to HELOAN
06/10/2013
What disclosures are required when you convert a variable rate HELOC in default to a HELOAN (fixed rate) and then back to a HELOC (variable rate) after a specific length of time? Can you do this?
Single Member LLC Primary Res-High Price Mortgage?
06/10/2013
If a loan to construct and then permanently finance primary residence is in the name of a Single member LLC should it be evaluated as a higher priced mortgage and possibly escrowed?
Right to Receive Copy of Appraisal-Commercial
06/10/2013
Are we required to give a commercial customer a right to receive copy of an appraisal on a loan secured by a 1-4 family dwelling when the loan is being renewed using an existing appraisal and not a new one?
FDIC Lending Limits for Individual Loans 2009-10
06/10/2013
What were the FDIC lending limits for bank loans to individuals during 2009-2010?
What APOR Index Date to Determine HPML
06/03/2013
Assuming your interest rate is locked at application and your initial APR is below HPML trigger, if loan fees change causing the closing APR to increase (no change in rate) what APOR index date do you use to determine if you have an HPML? I understood it to be the date the rate is locked or set, but now I'm hearing you also have to verify the closing APR to see if you have a HPML?