Exam4Training

True or False? A Change Memo is used to request an approval to change terms, rate, amount, etc. AFTER the Loan has already been approved – but BEFORE the Loan has been closed/booked.

True or False? A Change Memo is used to request an approval to change terms, rate, amount, etc. AFTER the Loan has already been approved – but BEFORE the Loan has been closed/booked.
A . True
B. False

Answer: A

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