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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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how to refinance my mortgage related definitions |
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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... Mortgage Broker Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... |
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More about how to refinance my mortgage What Is Your Career? Refinance Home: Distilling Cash by Renewing Home Loan How To Beat The Home-Based Burnout Blues Do Your Homework - Find the Mortgage That Fits Your Lifestyle and Your Budget About Writing Deciding Upon a Refinance Lender How I Raised My Credit Score 40 Points in 24hrs AND Saved $658 a Month in Interest! Get Leverage & Increase Your Sales Results Immediately! Refinance Mortgage Lenders - Finding The Best Refinance Lender Mortgage Refinance with Bad Credit - The Pros and Cons
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