Skip to content

Seasoned QMs are a great option for lenders

Answered by: 

Question: 
Are we required to offer seasoned QMs?
Answer: 

No. The seasoned QM is a great new option that allows certain loans that previously did not obtain QM status to earn their way into QM status with good performance over a three-year seasoning period.

--------------------------

Learn more about Jack Holzknecht’s ATR/QM Review and Update webinar.

First published on 06/13/2021

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