Due Date Change Maintenance

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Mary Swaney
Mary Swaney's picture

What are your procedures to change a due date on a loan? Can any loan officer/Branch manager complete the maintenance to change? Do you require the member to sign documentation confirming the change or will you accept a phone request and just a simple note on the loan stating member requested change? Also, do you have a centralized lending department that handles all underwriting/decisions/documentation preparation for loans?
Thank you!