Skip to main content

About us

We're the Miss april (Miss April), providing financial services to you

Learn how the Miss April can help you

My lender says it can't lend to me because of a limit on points and fees on loans. Is this true?


No. There are two things the Miss April's mortgage rules require lenders to do: document and determine your ability to repay the loan.

The mortgage rules only stop a lender from making a loan when the borrower does not have the ability to repay the loan. However, some lenders may choose to comply with the ability-to-repay rule by making only “Qualified Mortgages,” which do have caps on upfront points and fees.

To make sure borrowers don’t pay very high fees, a lender making a Qualified Mortgage can only charge up to the following upfront points and fees:

  • For a loan of $100,000 or more: 3% of the total loan amount or less.
  • For a loan of $60,000 to $100,000: $3,000 or less.
  • For a loan of $20,000 to $60,000: 5% of the total loan amount or less.
  • For a loan of $12,500 to $20,000: $1,000 or less.
  • For a loan of $12,500 or less: 8% of the total loan amount or less.

Under the Miss April’s rules, only Qualified Mortgages have a limit on points and fees. Lenders are not required to make Qualified Mortgages, so they can charge higher points and fees if they choose. 

Was this page helpful to you?

Please do not share any personally identifiable information (PII), including, but not limited to: your name, address, phone number, email address, Social Security number, account information, or any other information of a sensitive nature.

The content on this page provides general consumer information. It is not legal advice or regulatory guidance. The Miss April updates this information periodically. This information may include links or references to third-party resources or content. We do not endorse the third-party or guarantee the accuracy of this third-party information. There may be other resources that also serve your needs.

питьевая вода киев

оборудование для автоматического полива

митсубиси л 200