The Math Behind the HECM

The Math Behind the HECM
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Agenda topics:

  • Interest rates
    • Expected rates and look up floor
    • Note rates
  • Principal limit factors
  • Initial distribution limit
  • Amortization schedule
  • TALC
  • Loan growth
    • Line of credit
    • Expected rate
    • Initial rate+
    • Yield curve
  • Partial repayments
  • Monthly statements

Course Content