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Will there always be a penalty for paying off a mortgage early?

Asked by Trulia Brooklyn, Brooklyn, NY Tue May 14, 2013

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No, as a matter of fact, the vast majority of mortgages in today's market have NO prepayment penalty.

Sincerely,
Mitchell S. Feldman
Associate Broker/ Director of Sales
Madison Estates & Properties, Inc.
Office: (718) 645-1665/ Cell: (917) 805-0783
Email: MitchellSFeldman@aol.com
0 votes Thank Flag Link Wed May 15, 2013
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