Reg Z HELOCs (Open-End Credit)

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

Reviewed: January 2018 (no changes necessary)
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.

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

Course Credits

ABA Professional Certifications: 0.75 CRCM, CLBB​


​Questions? Please contact training@aba.com for more information.

 

 Purchase

 

Free Frontline Compliance Training
Course available to ABA Member banks at no cost under a license agreement. Learn more

 

 Related Training