Servicing options. The Lender should make every effort to assist bor- rowers who are cooperative and willing to make a good faith effort to cure the delinquency. The Lender should con- sider the borrower’s financial condition in attempting to work out repayment agreements. The Lender may revise the payment schedule of the loan on a tem- porary basis with the written concur- rence of the borrower. Changes in the loan repayment such as reamortization of the unpaid balance within the re- maining term of the loan may be done with prior written RHS concurrence. Reamortization shall not change the amount of the loan guarantee.
Appears in 4 contracts
Samples: Rental Agreement, Rental Agreement, Assumption Agreement
