Search
HOEPA Points and Fees Worksheet for Closed-End Loans Before 1/10/14
This HOEPA fees & points worksheet calculates whether a closed-end mortgage loan originated after January 10, 2014, must comply with HOEPA because of the size of its points and fees. It calculates trigger fees, the “total loan amount,” and the trigger fees as a percentage of the “total loan amount.” Other NCLC practice tools provide worksheets for open-end mortgage loans originated on or after January 10, 2014, and for closed-end mortgage loans originated prior to January 10, 2014.
HOEPA Points and Fees Worksheet for Open-End Loans On or After 1/10/14
This HOEPA fees and points worksheet calculates whether an open-end mortgage loan originated after January 10, 2014, must comply with HOEPA because of the size of its points and fees. It calculates trigger fees, the “total loan amount,” and the trigger fees as a percentage of the “total loan amount.” Other NCLC practice tools provide worksheets for closed-end mortgage loans originated on or after January 10, 2014 and for closed-end mortgage loans originated prior to January 10, 2014.