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The process of determining how much money a prospective home buyer may be eligible to borrow before he or she applies for a loan. Principal – The amount of money owed on a loan, excluding interest. Also, the part of the monthly payment that reduces the remaining balance of a mortgage. Savings will reflect on Closing Disclosure at closing.
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PrimeLending, A PlainsCapital Company Connie Johnson, NMLS: 1476135, Loan Officer with PrimeLending, Associates, Business Administration. 1989 –
Senior Vice President, Special Servicing, Loan Administration. Saxon Mortgage. mars 2008 – februari 2012 4 år.
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