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Posted

Do most people include the amortization schedule with their loan documents?

We would like to eliminate and include just the truth-in-lending statement (includes interest rate, interest $ collected, financed $, total amount paid, # of pmt, amount of pmt, pmt frequency), promissory note, and spousal consent form. Can't find where the amortization schedule is required.

  • 2 weeks later...
Posted

We normally include the schedule. IRS loves to see things like this when they audit plans.

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