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.