The principal is being pre-paid in comparison to how the loan is amortized, which is the schedule of principal and interest payments and allocations of the same.

I know it doesn't directly answer your question, but it's better than nothing.The new loan amount can be no more than the actual documented amount of theborrower's initial investment in purchasing the property plus the financing of closingcosts, prepaid fees, and points on the new mortgage loan (subject to the maximumLTV/CLTV/HCLTV ratios for the transaction).

They pay $0.99 via credit/debit card (pre-paid cards are not allowed) and they submit pictures of their license, and the $0.99 is good for 30 showings or 30 days, whichever comes first.

Not sure what you meant by paying all up front increasing your basis, but pre paid interest (points) are not capitalized as an expense they are amortized over the financing period as well as loan expenses.

Here are the numbers:30 year loan at 5.125%Purchase price: $79,000Down payment: $15,800 - (20%)Charges and reserves: $11,554  (outlined below)1) Closing costsOrigination fee: $1,235Discount points: $1,027Appraisal: $785Credit Report: $45Flood cert: $8Tax Service fees: $82.502) Title ChargesClosing Fee: $450Lender Title insurance: $279.80Title search: $2003) PrepaidsHazard Insurance premium $1,2004) Prepaid ReservesHazard Insurance $1,300 Property Taxes $1,833Escrow Adjustment ($200)5) Transfer chargesRecording Fees $230Transfer Taxes $2,3706) Settlement chargesOwner Title Insurance $349

HE TOLD ME HE WAS A MILLION ARE HE WILL NEVER GET CAUSGHT I TRACED THE NUMBERS THEY WERE CALLING FROM THEY WERE PRE PAID CELL PHONES THEN THEY HARRASSED ME AFTER THAT THEN I TOOK ACTION .

Here is what I do: rip.all their propaganda in half and mail it back to them in their prepaid postage envelope:) Guess prospects can send back your "we buy houses" solicitations as well.

To ascertain if the violation(s) has been corrected, please contact the appropriate Subdivision Section, Northern California or Southern California.ACTIONS TAKEN AGAINST UNLICENSED PREPAID RENTAL LISTING SERVICE ACTIVITIESView the Unlicensed Prepaid Rental Listing Service Activities listing of persons or entities that have been issued a Desist and Refrain Order.

Buyers as a Partner: Flip yourself rich. 1.Have Realtor take commission over time. 2.Assume Seller’s obligations. 3.Prepaid rent as part of down payment.4.Satisfaction of Seller’s needs. 5.First, Second, Third, Fourth, etc loans = All Paper. 6.Balloon down pmnt = some now, some x 6 mos, & Bal in 12 mos. 7.Use your talents – not your cash. 8.High monthly down payment. 9.Raise the sale price, but lower the terms. 0.Split the property.

Annette,I'm sorry about your experience with our product, ListSource, as well as our customer service center - which is partly onshore in California and partly offshore in Asia.For the record however, I must state that we offer both prepaid account types (which appears to be the one you signed up for) as well as pay-per-use accounts.