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Changed Loan Amount: Redisclose TIL?

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Question: 
If a loan amount changes after the initial GFE is issued and the interest rate remains the same, so that the redisclosed APR is within the tolerance, is there a need to redisclose the TIL and is there a waiting period for the revised TIL?
Answer: 

If the APR is within tolerance, there is no reason to issue a revised P-TIL. A final TIL will be provided at closing. If you'd like, you can reissue a GFE since the loan amount changed.

First published on BankersOnline.com 9/06/10

First published on 09/06/2010

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