(5) Fee conditions. The newest payment terms of the plan. When the more commission conditions will get apply to the newest draw and you will people installment several months, or if perhaps other percentage terminology may pertain within often several months, the newest disclosures shall reflect various fee conditions. This new fee regards to the program include:
Such as for example, the latest list and you will margin disclosure you are going to condition: If you decide to move one portion of what you owe to help you a fixed rate, the speed will be the large primary price composed regarding Wall surface Road Journal’ which is in effect on big date off conversion process in addition to a margin
step 1. Continue reading