Balloon Qualified Mortgage (QM) Checklist Rural and Underserved Creditor
Updated 01/16/2026
This checklist can be used to review loan files to determine whether the bank is in compliance with the QM rule under the exemption.
Rule: 12 CFR Part 1026 – Truth in Lending (Regulation Z)
Keywords: TILA, Truth in Lending, Regulation Z, Balloon Payments, ATR, QM
1/15/2026 Updated for 2026 thresholds
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