Reg Z HELOCs (Open-End Credit)

Course Number: ABA

Course Code: ABA

Explains the Regulation Z requirements for home equity lines of credit, including disclosures, changes in terms, and periodic statements.?

Updated: February 2019
Re-versioned: April 2016

What You’ll Learn
After completing this course, students will be able to:

Define a home equity line of credit
-Explain what disclosures are required and when they must be provided
-Identify the circumstances when lenders are allowed to change the terms of a home equity line of credit
-Understand the requirements for periodic statements

Audience: Any branch staff that discusses home equity options with consumers or takes consumer applications for home equity products.

Prerequisites: The Reg Z Overview course must be taken at least once before any other Reg Z course is attempted.

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Member Price: $55.00
Non-Member Price: $75.00
Textbook Charge: $0.00

Credits: 0.75 CLBB, CRCM

Length: 35 min

ABA Training