Most Popular Lending Content
VIN # Required for A Car Loan?
01/28/2013
The Fed box on a note. For a car loan, can you only put the year of the car and maybe the make. Do you have to have the vin # there as well?
AA Notice if Deny Applicant for Delinquent Credit?
01/28/2013
In an indirect lending situation if you decline an applicant for delinquent credit and the same day the application comes back in with no changes other than the collateral is a subsequent adverse action notice needed?
Final TIL w/New Index Not In Tolerance of Initial
01/28/2013
A borrower receives a GFE and TIL within 3 days - it's a 5 year ARM with a floor of 3. Initial TIL based on index at time. Final TIL is updated with new index and is not within tolerance of initial. Do we need to redisclose and wait 3 days before closing?
Date on Typed App for Secondary Loans
01/21/2013
On secondary loans, it is required to have both a written and a typed application in file. What date do you put on the typed application?
Govt Monitoring Info for Mobile Home Collateral
01/21/2013
If I as a lender choose to use a mobile home for collateral on a loan where the purpose is to go on a vacation, does the loan require government monitoring information?