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BankersOnline.com Forums Dodd-Frank Final Rules Discussions TRID - TILA/RESPA Integrated Disclosures Rule Modifying Construction to Perm
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#2199657 - 12/03/18 05:28 PM Modifying Construction to Perm
mdog76 Offline
Platinum Poster
Joined: Jan 2007
Posts: 645
When we are taking the construction loan and modifying it to perm, what and where is the best way to show outstanding accrued interest on the CD?

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TRID - TILA/RESPA Integrated Disclosures Rule
#2199662 - 12/03/18 05:56 PM Re: Modifying Construction to Perm mdog76
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
If you are treating the modification as a refinance, then it is just part of the pay-off of the construction loan.
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