Get Fannie Mae Hoepa Worksheet

The Fannie Mae Hoepa Worksheet is an essential tool for documenting loan characteristics and ensuring compliance with applicable regulations. This guide will provide you with clear, step-by-step instructions on how to efficiently complete the worksheet online, making the process straightforward and accessible.

Follow the steps to fill out the Fannie Mae Hoepa Worksheet online.

1. Click ‘Get Form’ button to access the Fannie Mae Hoepa Worksheet and open it in an online editor.
2. Enter the borrower name accurately in the designated field, noting that it may need to be the same for all borrowers.
3. Input the subject property address, ensuring all details are correct to avoid any processing issues.
4. Fill in the lender loan number, which can typically be found on loan documentation.
5. If known, provide the Fannie Mae loan number as well; if not, you may leave this blank.
6. In the loan characteristics section, indicate whether the loan is exempt from the Home Ownership and Equity Protection Act (HOEPA) by circling 'YES' or 'NO.' If the loan is exempt, you may leave the remaining sections blank.
7. Enter the rate lock date, ensuring the correct date is applied as it is essential for interest calculations.
8. For bona fide discount points, indicate whether any were excluded from total points and fees by completing questions 4 and 5 or marking N/A if not applicable.
9. If applicable, list the excluded bona fide discount points as a percentage in the specified field.
10. Provide the undiscounted rate percentage based on the borrower's credit profile as instructed in the field.
11. In the additional fees section, report the total affiliate fees paid by inputting the appropriate dollar amount or marking N/A if no fees were paid.
12. Fill in the loan originator compensation amount that is included in total points and fees, entering $0.00 if not applicable.
13. For same-entity refinance, provide the payoff statement. Mark N/A if it does not apply.
14. Indicate if any changes were made to total points and fees after loan closing by circling 'YES' or 'NO.'
15. Once all fields have been completed, ensure that all information is accurate before saving changes, downloading, printing, or sharing the completed form.

Complete your Fannie Mae Hoepa Worksheet online today to streamline your document management process.