Tag: Student Loan Payments

Calculating a Student Loan Payment for Graduated Payments

Question: My client’s student loan repayment plan is graduated payments that start lower and get higher every couple of years until the loan is fully amortized.  How do I count a payment for this scenario?  MC Chart – Student Loan Repayment Answer: The current graduated payment amount does not fully amortize the loan if it […]

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Fannie Mae’s Top Trending Questions – Dated May 2019

Written by: Lloyd Rutherford, Staff Writer Keeping up with rule changes is a challenge for even the most experienced underwriter or originator. That is part of the value of Mortgage Currentcy! In this article, Fannie Mae has updated their “trending questions” to keep you even more in the know! Rule Synopsis: Fannie Mae FINALLY updated […]

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