GRP 1
How Many buckets are eligible?
All buckets
How many times during the life of a loan uses GRP?
Only once
True or False? GRP can also be enrolled in Auto Debit.
True
True or False? Does GRP require 3 consecutive monthly payments?
False
How many months of interest only does GRP give a customer?
12 months
How many months of interest only payments?
12 months
Which GRP requires for the customer to pay current?
Stand Alone
Which GRP can enroll with minimum monthly payment (MMP)?
GRP Hardship Forbearance
Which GRP can we post date a payment for?
GRP Hardship Forbearance
When is customer GRP eligible?
During 6 months of grace or separation.
What is the CORR Code in FDR for GRP?
GR01
True or False? All programs involved in GRP uses forbearance time.
False
Which GRP does not require a payment to enroll?
ERAP
How many days can we post date the payment for?
15 days
When does eligibility start for GRP with FORB?
7+ months into repayment
Which GRP programs will trigger a requalification period?
ERAP and Forbearance