HOEPA does not apply to which of the following loan types?

The Home Ownership and Equity Protection Act (HOEPA) provides protections for borrowers by establishing certain disclosure requirements and prohibitions on unfair lending practices, primarily focusing on high-cost mortgage loans. HOEPA’s coverage is designed to target loans that pose a higher risk to consumers.

Bridge loans, which are short-term loans intended to bridge the gap between the sale of one property and the purchase of another, typically have terms of 12 months or less. Due to their short duration and the purpose they serve, bridge loans are generally not considered to be high-cost loans under HOEPA's guidelines. Therefore, they fall outside the scope of HOEPA’s regulations.

Home equity loans, fixed-rate mortgages, and adjustable-rate mortgages can all potentially be subject to HOEPA's requirements if they meet certain conditions, such as having high annual percentage rates (APRs) or high fees. Thus, they remain within the purview of HOEPA, while the short-term nature of bridge loans exempts them from this regulation.