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Mortgage Prepayment Penalties
October 12, 2001, Revised November 17, 2004 What Is a Mortgage Prepayment Penalty? A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a ... more... Penalties For Early Payment October 12, 2001, Revised November 17, 2004 What Is a Mortgage Prepayment Penalty? A prepayment penalty is a provision of your contract with the lender that states that in the event you pay off the loan entirely, you will pay a penalty. Penalties are usually expressed as a ... more... |
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refinance mortgage quotes loan lender home related definitions |
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Second Mortgage, Home Equity Loan
Second Mortgage, Home Equity Loan A secured loan (mortgage) that is subordinate to another loan against the same property. More specifically, the second loan in sequence. Generally, second mortgage hass a higher interest rate and with shorter terms than a ... more... Refinance Refinance Refinancing refers to applying for a mortgage loan intended to replace an existing loan secured by the property. Homeowners usually consider refinancing for the purpose of getting a better interest rate, loan term, or to draw cash from the equity. ... more... |
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More about refinance mortgage quotes loan lender home
Free Mortgage Quotes Bad Credit Mortgage Refinancing Residential Mortgage - Finding The Best Home Mortgage Lender Do You Need a Mortgage Refinance Loan? Get a Better Mortgage Refinance Deal than Your Local Bank Offers Adverse Credit Mortgage Loan - Persistence is the Key to Getting Approved Getting the Best Mortgage Loan With a Bad Credit Home Mortgage Loan Information - Which Type of Home Loan is Best For You? How To Save Hundreds A Month On Your Mortgage For Mortgage-Refinance Help, Get the Best Mortgage Professional, Not a Bank Loan Officer
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