Which of these is not a trigger for a High-Cost loan?

The correct choice identifies a scenario that does not meet the criteria for a High-Cost loan under the Home Ownership and Equity Protection Act (HOEPA). This law establishes specific thresholds for what constitutes a High-Cost loan based on the Annual Percentage Rate (APR) in relation to the Average Prime Offer Rate (APOR) and the amount of points and fees charged.

In the context of the provided options, an APR that exceeds the APOR for a nonconforming loan by 5.5% does not reach the necessary threshold to classify the loan as High-Cost. For primary lien High-Cost loans, the threshold is typically set at an APR that is 6.5% above the APOR. Therefore, an increase of 5.5% does not qualify.

Comparatively, higher percentages outlined in options regarding secondary liens and primary liens exceed the thresholds defined by the law, making them triggers for High-Cost loans. Similarly, the percentage of points and fees, which is indicated in another option, also surpasses the permissible limits for these types of loans, marking those others as valid triggers.

In summary, the APR increase of 5.5% for a nonconforming loan does not invoke the High-Cost loan classification