Prepayment

From Real Estate

Prepayment is the act of paying the entirety of the mortgage loan before the scheduled due date. They may be subject to a prepayment penalty.

This article is part of the Real Estate Wiki's glossary. To see the entire glossary, click here.
Quick Glossary: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z