Which of the following is closest to the Total Finance Charge Trigger for a HOEPA loan:

Insurance

Are you having trouble answering the question “Which of the following is closest to the Total Finance Charge Trigger for a HOEPA loan:”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.

Which of the following is closest to the Total Finance Charge Trigger for a HOEPA loan:

Answer: If the total points and fees paid by the consumer exceed 8% of the loan amount, it is a HOEPA loan

You should now have gotten the answer to your question “Which of the following is closest to the Total Finance Charge Trigger for a HOEPA loan:”, which was part of Insurance MCQs & Answers. Thanks for choosing us.