Definition: a provision in a mortgage that allows the mortgagor to pay the mortgage debt ahead of time without penalty
Pronunciation: \(ˌ)prē-ˈpā-mənt\ \ˈklȯz\
Used in a Sentence: Since we had a prepayment clause in our mortgage we were able to pay off our mortgage early without any penalty.
5 Reasons Why a Real Estate Career in Florida Could Change Your Life Thinking about a career change? A real estate career in Florida might just be the opportunity you’ve...
5 Reasons Why a Real Estate Career in Florida Could Change Your Life Thinking about a career change? A real estate career in Florida might just be the opportunity you’ve...
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
Prepare for Your Real Estate Career in 2025: Start Now and Seize the Opportunity As we find ourselves in the final stretch of 2024, there's a palpable sense of urgency...
How to Start a Full-Time Real Estate Career in Florida Thinking of embarking on a real estate career in the Sunshine State? Florida presents lucrative opportunities for real estate professionals...
How to Start a Full-Time Real Estate Career in Florida Thinking of embarking on a real estate career in the Sunshine State? Florida presents lucrative opportunities for real estate professionals...
