He'd always call my prepaid, leave me a message.

(vii) If this note is prepaid prior to _______ day of ______________________________, 20_________, then mortgagor shall receive a discount of _______________________percent (______%) of the remaining balance due.

(vii) If this note is prepaid prior to _______ day of ______________________________, 20_________, then mortgagor shall receive a discount of _______________________percent (______%) of the remaining balance due.

(vii) If this note is prepaid prior to _______ day of ______________________________, 20_________, then mortgagor shall receive a discount of _______________________percent (______%) of the remaining balance due.

(vii) If this note is prepaid prior to _______ day of ______________________________, 20_________, then mortgagor shall receive a discount of _______________________percent (______%) of the remaining balance due.

The contract was for 1yr and it was prepaid up front, but it states that after the year it goes month to month.My take on this is that if she didn't pay a dime after the year passed and converted to the month to month, then that means that she didn't renew the contract and is off the hook.

I've heard some investors at REI club meetings say Pre-Paid Legal services are great.

A landlord must pay interest each year on security deposits and prepaid rent held more than six months.

Hopefully that is not the part you are saying should be 4-5k. yes origination points your 1.5 % is just a part of it.. you have pre paid and 3rd party charges you can see on the HUD but then you will see JUNK fee's to the lender.. these may include.1. underwriting fee2. appraisal review fee3. doc prep fee on top of what the title company chargesand just about anything else U can think of  that's why they are junk feesyou simply cannot be in the mortgage business and not bring in 4 to 5K per file unless your getting service release premiums.. your over head will eat you up and you would be out of business.  

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.