This Program has been designed by
Bankers Compliance Consulting Only Fill in the Areas Shaded in "YELLOW"
APR SPREAD TEST 1st lien Other lien Version 2011-1
Find the Treasury Security (under Treasury contant maturities) with the same term as the loan at:
Use the yield in effect on the 15th of the month before the month the application was received.
Maximum Spread 8 10 Loan Number:
Treasury Rate (see note above) Customer Name:
Maximum APR 8 10 Loan Officer:
Loan APR Date of Application:
Does HOEPA Apply? Continue Continue Scheduled Payment:
Lgst pmt if a Var. rate:
Total Loan Amount:
POINTS & FEES TEST RESULTS
Finance Charges: If "YES" appears in cells D15, E15
Loan Points or D46, this loan is subject to
Origination Fee HOEPA. Provide a HOEPA
Discount fee disclosure to all people that have
Courier Fee the right to rescind the loan
Life of Loan Flood Determination (including non-borrowers, if
Tax Service applicable) so that it is received at
PMI (initial deposit) least 3 days prior to closing the
Broker Fees loan.
Other Finance Charges
Non-Finance Charges: Non-Finance Charges are
Paid in Cash Financed
included ONLY if the
Doc Prep Fees creditor retains or receives
In-house appraisals a portion of the fee, or the
Title Insurance / Examination charge is paid to an
Credit Life/Disability Premiums affiliate (25% ownership)
Other Non-Finance Charges of the creditor.
Total Fees: 0
Amount Financed (from the TIL disclosure):
less total non-finance charges 0
"HOEPA" Loan Amount: 0 Refer to Section 226.31 and
226.32 of Regulation Z for
Total Fees/"HOEPA" Loan Amount: 0 more information about these
Does HOEPA Apply? NO
Banker's Compliance Consulting www.bankerscompliance.com 800-847-1653
Loan Number: 0
Customer Name: 0
You are not required to complete this agreement merely because you have
received these disclosures or have signed a loan application.
If you obtain this loan, the lender will have a mortgage on your home.
YOU COULD LOSE YOUR HOME, AND ANY MONEY YOU HAVE PUT INTO IT,
IF YOU DO NOT MEET YOUR OBLIGATIONS UNDER THE LOAN.
1) The annual percentage rate on your loan will be: 0%
2) You are borrowing $0
* Optional credit insurance is not a part of this loan.
3) Your regular payment amount will be $0