Howdy Brenda

I have to tell you my friend. You did not try, to explain about Pre-Paid Interest to us. You out right seceded at it.

This is another really fine written post by you, for the First Time Homebuyer and Homebuyer's a like.

I want you to know Brenda. That I am very proud of you, for the really fine blog post's that you do.

Dale: Thank-you so much for your kind comment! My husband & I use to do homebuyers classes and I am using some of our old info and changing it for my posts. Thanks again Brenda :)

Hi Brenda!  Yep, Dale's right....this is another good one.  The chart really helps, but the explanation is very clear and uncomplicated.

Have a great day!

Ann: Thank you so much... I am glad that it was easy to understand and Thanks so much for taking the time to leave me such a nice comment! Brenda :)

Brenda,

I really like your graph about prepaid interest. Just yesterday, I had to break out a calendar to explain it.

Your graph has now been stolen for private use. :)

Richard

Richard: Thanks for the huge compliment and being such an honest thief! I am glad you find it useful... and are welcome to use anything I post. I can only do loans in Tennessee and know people in Alabama; I will be glad to send you referrals. Have a safe and Happy week-end Brenda :)

Brenda - Great post!  Understanding these terms are a vital part of what we do.  Your clients should be most appreciative to work with you! Great Chart!

Kay: Thank-you for such a kind comment! That means the world to me... I really care about each customer and want them to understand the process... so thanks; you have made my day! You are welcome to use anything I post if if helps your customer! Have a great week-end Brenda :)

Thanks for explaining Brenda.  This has been confusing to me.  Hopefully I understand now.

Pam: Thanks for taking the time to leave me a comment. I am glad it helped... I was a Realtor before I became a loan officer and so did not understand. My favorite loan officer would explain it to me... I would understand and then the next day I was calling him up and asking pre-paid interest is what? Now I am thinking why was I so confused. Have a great week-end Brenda P.S. Thanks for posting your son's picture... that means a lot to me!

Brenda, thank you so much! I love the graph, and I've got to say, I did the same as Richard ("stolen for private use"), took your blog and graphic and ran with it. I am printing it and putting it in my buyer's books. It explains to them what we are talking about, since a lot of lenders unfortunately don't take enough time to explain it to the clients. This way they can see for themselves! Thanks a bunch!

Brenda,

Wow!  A loan officer who knows her stuff!  Thanks for a useful post, and for coming by to comment earlier on my blog.  I'm adding you as an associate!

Mike in Tucson

Meli: You are welcome and Thanks for stopping by. I am working on more posts for most of the term we use; I believe the buyers should be educated to know what they are doing. It takes a little more time but it is so nice when a customer says thanks for everything! Brenda :)

Mike: Thank you for such a nice compliment, adding me as an associate and taking the time to visit me! I will be by to add you as an associate also. Have a great evening Brenda :)

Brenda, I like your accurate explanation of pre-paid interest and how it applies to mortgage loans.  The chart is also very helpful.  Have a great day!   

Rebecca: Thank you for taking the time to read my post and to leave me such a kind comment! I hope you have a great day also! Brenda :)

Brenda, very good post!  very informative!  Thanks

Frank: Thank-you so much for taking the time to stop by and leaving such a nice comment. I am trying very hard to post info that will be helpful. Have a great day! Brenda