Answer:
Is there any threshold for a loan amount to be exempt from HOEPA.
No. Regardless of loan amount if it exceeds the APR or fees and charges threshold then it is subject to HOEPA.
First published on BankersOnline.com 6/24/13
Is there any threshold for a loan amount to be exempt from HOEPA.
No. Regardless of loan amount if it exceeds the APR or fees and charges threshold then it is subject to HOEPA.
First published on BankersOnline.com 6/24/13