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#1823520 - 06/13/13 09:53 PM Semi-annual payments on RE loan
Here4Life Offline
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Joined: Feb 2010
Posts: 121
I have a customer who has requested semi-annual payments on his real estate loan. Can we do this?

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#1823522 - 06/13/13 09:56 PM Re: Semi-annual payments on RE loan Here4Life
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX
Unless prohibited by State law, sure. How you disclose it all is another matter.
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#1823523 - 06/13/13 09:58 PM Re: Semi-annual payments on RE loan rlcarey
Here4Life Offline
100 Club
Joined: Feb 2010
Posts: 121
Thanks!

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#1823526 - 06/13/13 10:19 PM Re: Semi-annual payments on RE loan Here4Life
Richard Insley Offline
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Richard Insley
Joined: Oct 2000
Posts: 10,179
Toano, VA
Look carefully at the IRR that results from this change. By receiving the payments monthly, you have the opportunity to reinvest this money & earn more. Unless you can compound the semi-annual rate, your yield will suffer.
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