HOEPA - Section 32 Made Simple™ - Calculator
Software: HOEPA - Section 32 Made Simple™ - Calculator
Phone: 615-217-4545 Visit Software Vendor Website
HOEPA - Section 32 Calculating Software is a desktop solution that lets you quickly determine if a first or second mortgage requires Section 32 disclosures.
Shows at a glance if the rate or fees are below the Section 32 threshold. Quick T Bill Index Tables, 226.32 U.S. Code reference code and latest rule amendments. BONUS Includes STATE high cost calculator.
Do your loan officers and closers check every loan for tolerances? Do they understand the rule? This educational tool makes it simple to determine Section 32 tolerances. New lower thresholds put some very low cost loans into "high cost" compliance requirements.
Private labeling available on 25 units or more.
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