Prepayment Penalty

Prepayment Penalty Pitfalls: What Lenders Don’t Want You To Know

Paying off your mortgage early can save you money, but watch out for prepayment penalties. These hidden fees are often in loan agreements. We’ll cover what you need to know about them. This way, you can make smart choices about your mortgage and avoid surprises. Key Takeaways Prepayment penalties are fees that lenders may charge…