Regulation Z Temporary Balloon Payment Qualified Mortgage Features Checklist

$25.00

The Temporary Balloon Payment QM Features Checklist is an easy to use tool that helps creditors determine if they have met the requirements for the temporary balloon payment qualified mortgage safe harbor under the ability-to-repay rules in Regulation Z.

Description

The Temporary Balloon Payment QM Features Checklist is an easy to use tool that helps creditors determine if they have met the requirements for the temporary balloon payment qualified mortgage safe harbor under the ability-to-repay rules in Regulation Z.  It walks creditors through a series of questions to help determine if each requirement has been satisfied.  The checklist has space for specific transaction information and the lender’s signature verifying that the institution’s ATR procedures have been followed.  This checklist can serve as an effective file documentation and/or audit tool.

Reviews

There are no reviews yet.

Be the first to review “Regulation Z Temporary Balloon Payment Qualified Mortgage Features Checklist”

Your email address will not be published. Required fields are marked *