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How are payments applied?
Payments are applied first to lender loan fees, then interest, then finally principal. A lender fee might be to collect Home Owner Fees, taxes or other... -
Customer Support started a topic What is a "Scheduled Payment," "Extra Payment" or "Principal Adjustment?"in Main ForumWhat is a "Scheduled Payment," "Extra Payment" or "Principal Adjustment?"
Making manual entries or selecting payments types affect the way your payment is applied to the loan.
A Scheduled Payment advances the due... -
Making a Payment to a Lender or Payee
If you are a Premium Loan Tracker user, there is a Payment tab on your contract. Select the Payment Tab and follow the steps to make a payment to your... -
Skipping or Adjusting a Due Date
Lenders can skip or adjust due dates for borrowers. Open the contract you want to modify. On the left side of the page see Next Payment. Click on the... -
Making a Payment Entry
Payment and other Manual entries are made using the Ledger Tab. Select Manual Entry and you will be offered various manual entry options.
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