1% of the mortgage loan amount to prepay interest to the lender to get a lower interest rate on the loan.
Related Articles:
Understand Your Mortgage Debt When Faced With Foreclosure
Why Would The Bank Accept a Short Sale?
« Back to Glossary Index
1% of the mortgage loan amount to prepay interest to the lender to get a lower interest rate on the loan.
Understand Your Mortgage Debt When Faced With Foreclosure
Why Would The Bank Accept a Short Sale?
« Back to Glossary Index