|Outside the Cube|
Computer Hardware (2)
Dating Scams (6308)
Real Estate (72)
Tax Deductions (4)
Male Dating Scammers (2355)
Microsoft Scammers (1)
Other Scams (21)
Spammer Businesses (5)
New related comments
Number of comments in the last 48 hours
Well-respected bank offering Payday loans
How to avoid a prepayment penalty on a mortgage
This article has not been rated yet. After reading, feel free to leave comments and rate it.
Question:I am about to refinance my house into an ARM. What do I need to do to avoid a prepay penalty?
Answer:Very simple - tell your mortgage broker or whatever contact person you work with, that you do not want a pre-pay penalty. This will technically limit the number of lenders you will qualify for, however.