Tag Archive: Mortgage

Mortgage prepayment penalty: What you need to know

Mortgage lenders make money primarily through interest payments, which means many loans come with a mortgage prepayment penalty. And while not impossible to prepay your mortgage, it’s important to understand prepayment penalties and how they work.  How penalties vary by lender Some lenders charge prepayment penalties for paying out the ...

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Tips For First-Time Buyers Getting A Mortgage

If you’re buying a home for the first time, you have a lot to learn. There are so many decisions that need to be made and new terms to be understood. While you may have been saving up for a downpayment, you’re most likely going to need t finance the ...

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