Posted 9/2/2017 20:08 (#6225312 - in reply to #6224545) Subject: RE: We have them where we want them
Eastern ND
If you have a 30 yr loan, and keep making the specified principal and int payments, it would be strange to have to come up with more if the appraised value drops. I cam see the banker getting nervous, but don't think he can do anything about it.
Now, an operating loan in this situation may get difficult.
We have them where we want them
