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REAL ESTATE LOAN MATRIX
This tool was designed to assist loan officers when making real estate loans. Once you determine the collateral and the loan purpose, the Real Estate Matrix tells you which regulations apply and when you must provide certain disclosures. The Real Estate Matrix also provides a brief description of the regulatory requirements. Examiners from all regulatory agencies also use this Real Estate Matrix.
You may download the Matrix and distribute it to your loan officers.
- Real Estate Matrix 10.1 (For applications taken on or after October 3, 2015)
- Real Estate Matrix 9.4 (For applications taken on or after July 18, 2015 and before October 3, 2015)
ESCROW ANALYSIS WORKSHEET
This excel spreadsheet calculates escrow deposits as defined in Section 1024.17. It also tells you the amounts to disclose on the closing documents. You may save this spreadsheet to your hard drive for future use.
- Escrow Analysis 3.0 (For applications taken on or after October 3, 2015, using a Closing Disclosure)
- Escrow Analysis 2.0 (For applications taken before October 3, 2015, using a Settlement Statement)
REPAYMENT ABILITY AND RISK REQUIREMENTS (QUALIFIED MORTGAGE RULE) MATRIX
This Matrix focuses entirely on the Ability to Repay Requirements and Qualified Mortgage Standards that became effective on January 10, 2014. It is a supplemental tool and is not meant to replace any of our other tools. This tool will update each year due to regulatory threshold changes.
ABILITY TO REPAY WORKSHEET
This worksheet will help document compliance with the Ability to Repay requirements found in Section 1026.43. Please note this worksheet is only intended to satisfy the minimum requirements.
REAL ESTATE LOAN CHECKLISTS
These checklists are a great resource to ensure that you are meeting regulatory requirements. We realize that not all banks are the same and have different needs, so feel free to customize these checklists to fit your bank.
For applications taken on or after October 3, 2015:
For applications taken before October 3, 2015:
Integrated Disclosures Compliance Timeline (Version 1.2)
This tool will assist lenders in understanding when certain documents need to be delivered, received and other milestones during the loan origination process.
Loan Estimate & Closing Disclosure Rounding Cheat Sheet (Version 2.0)
This tool will help lenders understand the complicated rounding requirements associated with this rule. It is also a good way to double check your loan software.
HMDA Flowchart (Revised 1/13)
This flowchart helps you determine which loans are applicable to HMDA and which are not.
Policy & Procedure Templates
- Loan Originator Compensation Restrictions
- Steering Prohibitions
- Loan Originator Qualification Requirements
- Loan Originator Disclosure Requirements