watch out for a prepayment penalty: Watch Out For A Prepayment penalty - 04/18/09 04:47 PM
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 … (0 comments)