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#2234034 - 04/01/20 12:48 PM Joint Intent-Maturity or Payment extension
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Diamond Poster
Joined: Nov 2008
Posts: 1,107
In the mountains
Is joint intent required when the request is to extend the maturity of a loan?

Is joint intent required when the request is to extend/defer payments but does not extend the maturity of the loan?

Thanks in advance!
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Lending Compliance
#2234036 - 04/01/20 01:30 PM Re: Joint Intent-Maturity or Payment extension Likes to Comply
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
Depends if there is an application and an extension of credit:

https://www.federalreserve.gov/boarddocs/caletters/2009/0913/caltr0913.htm
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