The CCL Glossary BACK BUTTON LOCATION
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Prepayment Penalty
A lender fee for paying off a mortgage before the agreed term expires.
A fee charged to the mortgagor for payment of a loan before it is due.
The CCL Glossary BACK BUTTON LOCATION
Back To Glossary
A lender fee for paying off a mortgage before the agreed term expires.
A fee charged to the mortgagor for payment of a loan before it is due.