In field 14: Term of the Loan is where you record the length of the loan. Review the URLA Section I: Type of Mortgage and Terms of Loan for the number of months. Divide the number of months by 12 and record the number of years here. Use this calculator to perform any calculations. The term of the loan must be supported by a NOV. Learn more about this topic in the Eligibility lesson.
|
020200000140 |