Why does the loan have to cure before we receive our incentive?
Published 08/10/2012 10:57 AM |
Updated 08/10/2012 11:15 AM
If we set up a repayment plan with a veteran for 6 months and the veteran is keeping up with the plan (lets say he makes 5 of the 6 payments), why does the loan have to cure before we receive our incentive?
Incentive rules are that the default must cure before the loan is eligible for an incentive payment.