- This topic has 3 replies, 4 voices, and was last updated 13 years, 7 months ago by .
-
Topic
-
We do not ordinarily do home equity loans in our bank, so this one is stumping us. The attorney’s office we use to draw docs is telling us that we cannot do a 15-year amort., 5-year balloon on a home equity loan (which is also a HPML). Is this true? We are located in Texas, so I don’t know if that makes a difference.
Viewing 3 replies - 1 through 3 (of 3 total)
Viewing 3 replies - 1 through 3 (of 3 total)
- You must be logged in to reply to this topic.