Do You Need MPH/CS?
Do You Need MPH/CS?
Test your knowledge on loan payment requirements with our engaging quiz! This quiz will challenge your understanding of crucial terms and conditions related to loan seasoning and payment deadlines.
- 5 thought-provoking questions
- Multiple-choice answers to assess your knowledge
- Instant feedback on your responses
Assuming all previous payments are accounted for, you have a loan seasoned to close in January, CR DLA shows Nov, if we get a payoff in December due for January, do we need an mph/cs?
Yes
No
Loan is seasoned to close in January, CR DLA shows Oct, MS shows Nov paid and due for Dec. Do you need MPH/CS?
No
Yes
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