Annual payments prohibited?

Posted By: Arizona

Annual payments prohibited? - 05/22/13 07:33 PM

Are annual payments permitted under ATR/QM rules?
Posted By: NotDoneYet

Re: Annual payments prohibited? - 05/24/13 06:42 PM

I don't believe annual payments are not allowed, but you would need to divide it into 12 payments since they want a monthly result.