2017 Qualified Mortgage Points & Fees Threshold

The Points & Fees thresholds for determining QM status have been decreased and cannot exceed the following:

Loan Amount:                              Points & Fees Cap:

$102,894 & Up…………………… 3% (of the Total Loan Amount)

$61,737 – $102,893.99………….. $3,087

$20,579 – $61,736.99…………… 5% (of the Total Loan Amount)

$12,862 – $20,578.99…………… $1,029

Under $12,862…………………… 8% (of the Total Loan Amount)

**The above thresholds apply to most types of QMs. However, if your institution originates “Special QMs” under any government programs (HUD, VA, etc.), you should check those specific program requirements.
Amy Kudlacek

Amy Kudlacek

Amy brings many years of banking and compliance experience to Banker’s Compliance Consulting. She has worked for both large and small financial institutions and spent time working in every area of a bank. She started out as a teller in college and eventually became a branch manager. Her love, however, was always compliance. Amy began her career with Banker’s Compliance Consulting in 2000. Her knowledge and experiences have allowed her to develop a well-rounded and practical approach to regulatory compliance. Amy is CRCM certified, has a Bachelors Degree in Business Administration and is a graduate of the ABA Compliance School. Amy & her husband have two children at home and stay busy following their activities. They spend a lot of time in the bleachers!

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