I'm not sure what she meant exactly, but if PPR knew that the loan was going to be paid off soon and they were asking for a suggested bid of $ 44,550, knowing that
the discounted loan payoff would be $ 45,000, I think that is a little deceptive, and frankly, shady.
Yes, in the loan modification there is a stipulation that if the loan was paid during the first 12 months of the agreement
the discounted loan payoff is $ 45,000.
Not exact matches
Additional Interest Insured Anti-Theft Device B Bodily Injury Liability Coverage C Comprehensive Coverage > Collision Coverage Continuously Insured D Declarations Page Deductible
Discounts Driver Status G Garaging Location L Limits
Loan / Lease
Payoff Coverage N Named Insured O Occasional Driver P Policy Expiration Date Policy Term Primary Residence Primary Use Principal Driver Property Damage Liability Coverage S Second Named Insured SR - 22 U Uninsured Motorist Coverage Underinsured Motorist Coverage Uninsured Motorist Property Damage Coverage Underinsured Motorist Property Damage Coverage V VIN
Not all companies, for instance, offer
Loan / Lease
Payoff coverage, student
discounts, good driving
discounts, or deductible reductions.
Also, yes, I have checked the other four note
loan modifications and they do not have an «option to
payoff loan at a
discount».
The very patient and professional
loan servicing specialist told me to read the loan modification where it pertains to the «Option to Payoff Loan at a Discount&raq
loan servicing specialist told me to read the
loan modification where it pertains to the «Option to Payoff Loan at a Discount&raq
loan modification where it pertains to the «Option to
Payoff Loan at a Discount&raq
Loan at a
Discount».
We make LIBOR - based floating - rate
loans, including lease - up and stabilization assistance
loans,
loans on properties that are being repositioned in the, market, construction
loans,
loans on vacant buildings, and
discounted payoff and
discounted note acquisition
loans.
While the special servicer has several resolution alternatives at its disposal, including modification, extension,
discounted payoff, foreclosure, note sale, bankruptcy and deed in lieu of foreclosure, further analysis of the remittance report specially serviced
loan detail (which includes an individual narrative on all of the specially serviced
loans) revealed that historically, the majority of the specially serviced
loans were resolved by foreclosure.
The
loan, collateralized by a 125 - unit hotel property, enabled the borrower to capitalize on a substantial
discounted payoff of the legacy debt.
The sponsor is using
loan proceeds for a
discounted payoff and to establish...
While the workout code for the
loan was set as a
discounted payoff in late 2013, the property eventually went into foreclosure and later became REO.