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Prepayment Penalty is a fee that a borrower may be required to pay to the lender, in the early years of a mortgage loan, for repaying the loan in full or prepaying a substantial amount to reduce the unpaid principle balance.
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Prepayment Penalty is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
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