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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 A Personal Mortgage Experience The Published Novelist: Nine Essential Qualities Geoff Alexander Interview How to Achieve Financial Freedom with Your Home How and Why to Refinance Your Mortgage Endowments and Endowment Shortfalls - What You Need To Know Home Loan Refinancing - Why When And Where? Interview with Jan Walker, author of "An Inmate's Daughter" Deciding Whether to Refinance a Mortgage Loan Bad Credit Mortgage Refinance - Should I, Shouldn't I?
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