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#2054060 - 12/14/15 07:41 PM 6 Mos Interest Only 6 Mos P&I
Luv2run Offline
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Posts: 616
Our LE is showing YR1 in the projected payments as (for instance): $185.50 only interest.

My question is as follows: Given YR1 is comprised of 6 mos interest only then 6 most P&I, shouldn't this show a payment range that includes the P&I amount for YR1? Such as $185.50 min $515.93 max with the only interest language included?
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TRID - TILA/RESPA Integrated Disclosures Rule
#2054134 - 12/15/15 01:43 PM Re: 6 Mos Interest Only 6 Mos P&I Luv2run
Luv2run Offline
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Joined: Jan 2015
Posts: 616
anybody have an idea on this????
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