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Each payment reduces both the principal and the interest. You can say it was bad politics if you want, and it certainly caused him a lot of difficulty. Products and Services Real Estate Loans Mortgage Bankers and Loan Correspondents Loading.
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Like I said before the loan is absoultly staight up and I have EVERYTHING in the file to document it and the borrower should be making the payment this week. Since then I have paid off 3 debts, and I'm working on 3 more, and then we'll be in good shape. She is very attractive, but we can help but think of her as Miss Goody-Two-Shoes instead of a bad girl.
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