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

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ActiveRain Community
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watch out for a prepayment penalty

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Tom Davis

FREE Delaware Homes Search!, $$ Save $$ - Find Homes! Delaware Realtor
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