Skip to content

Reg Z Language Requirements for ARM Mortgage

Answered by: 

Question: 
For an ARM mortgage, is the language in the Reg Z TIL box marked Variable Rate Feature sufficient? Our LOS has a text box and we put language relating to our margin, index, etc. which I would prefer to eliminate, but need to know there are specific requirements?
Answer: 

Review 1026.18(f) and the adjustable rate model clauses in Appendix H.

First published on 02/10/2014

Filed under: 
Filed under lending as: 

Banker Store View All

From training, policies, forms, and publications, to office products and occasional gifts, it’s available here:

Banker Store

hot right now

image description

Looking for effective, convenient training on a particular subject?

BOL Learning Connect offers more than 200 courses ON-DEMAND or on CD ROM from AML to Reg Z and every topic in between.

Search Topics