Sentences with phrase «prepayment penalty attached»

Many ARMs have a prepayment penalty attached, meaning you can not pay off your loan in full for the number of years specified in your agreement.

Not exact matches

That's all well and good, but some lenders actually attach prepayment penalties to their loans — and these should be a factor in your decision whether or not to refinance.
but those products are full of restrictions, limitations and inflated prepayment penalty calculations... for our purposes, I'm only discussing quality mortgage products with no gimmicks or strings attached).
Rates as low as 5.99 percent are fixed, with no prepayment penalties or hidden fees attached.
There are origination fees and late fees attached to each loan, but no prepayment penalties.
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