Note Based Prepayment (FR15.5)
Use Note Based Prepayment (FR15.5) to define a note based prepayment or payment deferment. The prepayment is deducted from the note principal and reduces the current balance by the prepayment amount upon release.
Use Note Based Prepayment (FR15.5) to define a note based prepayment or payment deferment. The prepayment is deducted from the note principal and reduces the current balance by the prepayment amount upon release.