Document and Program Updates: Buydown on LE/CD and FNMA Fixed Programs
Initial Buydown P&I Payment on Loan Estimate and Closing Disclosure
In ConformX, “Buydown Federal Disclosure Behavior” (field 51919) determines if a temporary buydown is reflected on the Loan Estimate and Closing Disclosure (LE/CD). This field has three field options:
- If “Do Not Reflect Buydown On TIL” is selected,
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