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Borrower’s Burden: Can a Co-op/Condo Get a Loan with No Prepayment Penalty?

/ Owner - July 16, 2014

With very rare exception, all underlying mortgages have prepayment penalties. Many people think that this is unfair and that every borrower should be able to repay the loan whenever the borrower wants without penalty. From the borrower’s perspective, free prepayment makes perfect sense.    Read more………

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