Is there a penalty for early mortgage payoff?

Asked a year ago
No, there is no penalty for early mortgage payoff with EMC Mortgage. We understand that circumstances may change and you may want to pay off your mortgage sooner than expected. Therefore, we do not impose any additional fees or penalties for early payoff. At EMC Mortgage, we encourage our customers to take control of their financial future and encourage responsible financial management. Whether you choose to pay off your mortgage early or make regular monthly payments, we are here to assist you every step of the way. Our goal is to ensure a smooth and hassle-free mortgage experience for all our customers.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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