Watch Out For A Prepayment penalty

By
Real Estate Agent with Harrington ERA,DE Homes For Sale, $$ Save $$ Buy Today !

It is important to have representation from a REALTOR (R) who can help you navigate the complexities of buying a home.  REALTOR (R) Tom Davis has tips for his buyers in his "FREE REPORTS" that help you. 

A Prepayment penalty is a very important question that you should be asking when talking to your chosen lender.  I have talked many buyers and many were not aware that you could get a fee for making additional payments on your mortgage loan principal in order to pay off the loan faster. Believe it that lenders impose a Prepayment penalty for paying the loan faster.

Be sure to ask your lender whether or not your loan will include a prepayment penalty.  Find out how to avoid getting a prepayment penalty and guard yourself from paying this fee!

If you need more information or perhaps a suitable lender selection to help you obtain a mortgage, please contact me at: (302) 398-3757. 

You may also wish to view the Delaware Homes I have available at: www.FreeHomeSearch.DreamStation.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
ActiveRain Community
Location:
Delaware Kent County Camden Wyoming
Tags:
watch out for a prepayment penalty

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainer
333,865

Tom Davis

FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor
Ask me a question
*
*
*
*
Spam prevention