The rates fixed longer than 10 years typically have
a yield maintenance prepayment penalty.
Prepayment Premium - Our promissory note provides for
a yield maintenance prepayment premium running to the Call Date or Maturity Date (as applicable).
Yield maintenance prepayment penalties can be very high.
Not exact matches
Yield maintenance is a form of
prepayment penalty that a lender will charge if the borrower wants to pay off his loan early or refinance the loan for a lower interest rate.
Yield maintenance is a form of
prepayment penalty that a lender will charge if the borrower wants to pay off his loan early or refinance the loan for a lower interest rate.
However, on a conduit loan,
prepayment is normally done through either defeasance or
yield maintenance.
Prepayment penalties: Many commercial real estate loans come with hefty prepayment fees or other penalties, in the form of yield maintenance or defeasance, if you prepay the loa
Prepayment penalties: Many commercial real estate loans come with hefty
prepayment fees or other penalties, in the form of yield maintenance or defeasance, if you prepay the loa
prepayment fees or other penalties, in the form of
yield maintenance or defeasance, if you prepay the loan balance.
As multifamily CMBS loans approach term, they «come out of
yield maintenance» and expensive
prepayment penalties no longer apply.
Lenders may impose a lockout period, a
yield maintenance provision or some other
prepayment penalty, but borrowers should negotiate these provisions carefully.
Yield Maintenance is a prepayment penalty that, in the event the borrower pays off a loan before maturity, allows the lender to attain the same yield as if the borrower had made all scheduled mortgage payments until matu
Yield Maintenance is a
prepayment penalty that, in the event the borrower pays off a loan before maturity, allows the lender to attain the same
yield as if the borrower had made all scheduled mortgage payments until matu
yield as if the borrower had made all scheduled mortgage payments until maturity.
Non-recourse, no
prepayment penalty, no
yield maintenance.