hoepaworksheet12 by LK2bg5


									                         HOEPA Worksheet
              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 2012-1
            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:
                                                                             Balloon 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 Sections 1026.31
                                                                                      and 1026.32 of Regulation Z
Total Fees/"HOEPA" Loan Amount:                             0                          for more information about
                                                                                           these requirements.
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.       Worksheet Data
                                                                                                                          Loan Info
                        YOU COULD LOSE YOUR HOME, AND ANY MONEY YOU HAVE PUT INTO IT,                         APR                     0
                             IF YOU DO NOT MEET YOUR OBLIGATIONS UNDER THE LOAN.                        Loan Amt.     $          -
                                                                                                        Credit Ins.   $          -
                                   1) The annual percentage rate on your loan will be: 0%                 Payment     $          -
                                                                                                           Balloon    $          -
                                   2) You are borrowing $0                                           Lgst Var. Pmt.   $          -

                                        * Optional credit insurance is not a part of this loan.

                                   3) Your regular payment amount will be $0

                   Signature                                         Date

                   Signature                                         Date


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