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We’re doing a mod/ext secured by consumer’s homestead where we are modifying the lien (not a replacement, not a refi). Need to know if early disclosures are to go out? APR is going up by .432% (obviously over the tolerance of 0.125%) and the loan amount is going up by more than double. I can’t think of a reason why we wouldn’t re-do disclosures but i’m getting a little push back from the lender & assistant. Anywhere in the reg that stipulates what you need when doing a mod/ext? Any response will be helpful and I’m hoping that I’ve given you enough info to help me 😀
THANKS!!!!!!!!!! 😎
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Viewing 6 replies - 1 through 6 (of 6 total)
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