Definition: the amount set by the creditor as a penalty to the debtor for paying off the debt before it matures
Pronunciation: \(ˌ)prē-ˈpā-mənt\\ˈpe-nəl-tē\
Used in a Sentence: A prepayment penalty is charged by a lender to recoup a portion of interest the lender planned to earn when the loan was made.
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
How do you earn bigger commissions in real estate? In this week's episode of State of Real Estate, you'll learn the secrets to earning bigger real estate commissions. Join us...
Florida Real Estate License, Easy as 1,2,3! Join us for an informative livestream session as we delve into the essential steps to obtain your real estate license in Florida. Whether...
Florida Real Estate License, Easy as 1,2,3! Join us for an informative livestream session as we delve into the essential steps to obtain your real estate license in Florida. Whether...
Journey to Success: From Humble Beginnings to Real Estate Triumph From counting quarters to counting checks, the successes & failures that have gotten me to today. In a rare State...
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