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#541666 - 05/02/06 04:04 PM Capitalization of Interest
Sugarbaker Offline
Gold Star
Joined: Nov 2005
Posts: 265
We have a borrower that is refinancing two loans. One loan has oustanding interest that will be rolled into the refinance. Is this acceptable?

Thanks!

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Lending Compliance
#541667 - 05/02/06 04:06 PM Re: Capitalization of Interest
02bonne Offline
Platinum Poster
Joined: Nov 2005
Posts: 620
Is it a problem loan or pass rated?

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#541668 - 05/02/06 05:07 PM Re: Capitalization of Interest
Sugarbaker Offline
Gold Star
Joined: Nov 2005
Posts: 265
This is not a problem loan.

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#541669 - 05/02/06 06:18 PM Re: Capitalization of Interest
RR Joker Offline
10K Club
RR Joker
Joined: Nov 2002
Posts: 20,656
The Swamp
If there is any problem, it would probably be in your state law..I'd check there.
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My opinion only. Not legal advice.

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