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#2282249 - 03/14/23 10:35 PM Updated/Amended Promissory Note
Rebecca Offline
Junior Member
Joined: Apr 2021
Posts: 35
We had a signed Promissory Note where the first payment date was incorrect. it should have been the 10th but recorded as the 1st. It is permissible to send a correct Promissory Note or can we send the member an amendment to the Note? Other disclosures on the funded loan were correct.

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TRID - TILA/RESPA Integrated Disclosures Rule
#2282251 - 03/14/23 10:44 PM Re: Updated/Amended Promissory Note Rebecca
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,219
Galveston, TX
Depending on State law, you could have them sign a corrected note or a loan modification. Ask your legal counsel.
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