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Can the customer keep their tax credit?

Updated over 11 months ago

Yes, the customer can keep their tax credit to use as they wish. Their payment will not increase as a result of not using their tax credit to pay down the loan.

If the customer decides to pay down their loan with their tax credit, they can request re-amortization to lower their payment by reaching out to their loan officer. There is no minimum payment required to request re-amortization.

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