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Froggy Jumps
Froggy Jumps

Loan Maintenance vs Modification Quiz

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Loan Maintenance vs Modification Quiz

Froggy Jumps

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About this activity

Test your understanding of maintenance vs modification.

Created by

Brandi Mitchell
Brandi Mitchell
United States

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Loan Maintenance vs Modification Quiz
 

Froggy Jumps

Loan Maintenance vs Modification QuizOnline version

Test your understanding of maintenance vs modification.

by Brandi Mitchell
1

Use when you are correcting Keystone but the loan documents ARE correct.

2

Use when you are adding or removing Credit Life or/and Credit Disability.

3

Use when you are changing a loan in an “adverse” way. (Exp. raising a rate or changing a loan balance)

4

Use to have processors change payment method type

5

No Member Signature required on this form. Loan Officer signature required

6

Use when moving a Credit Card from one account to another. Credit Card Name Changes

7

Send to processors to make changes, do not make changes yourself

8

Use for changing a due date within the same month.

9

MUST BE signed by a Loan Officer and the member

10

Use for a Line of Credit limit changes or closures.

11

Use when you are adding or removing GAP or/and MBI.

 
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