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Deferred Second MortgagesExpand / Collapse
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Posted 6/29/2009 4:33:46 PM
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Hello!  I'm putting a CalSTRS loan together that is an 80/17.  The second is a 30 year loan, with deferred payments for the first five years.  The 2nd accrues simple interest over the first five years and at month 61 it is amortized over the remaining 25 years.  How can I put all of that into Point to give me a good GFE and amortization schedule??  I have created a second loan and linked it to the first, with the correct loan amount.  The correct LTV and CLTV is reflecting on the first.  Just need to get it the rest of the way!  Thanks! 
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