Are there any prepayment penalties for paying off my mortgage early?

Asked a year ago
No, there are no prepayment penalties for paying off your mortgage early with Midland Mortgage Company. We believe in giving our customers the freedom to manage their finances and homeownership journey without any restrictions or additional fees. Whether you choose to pay off your mortgage in full or make extra payments to reduce the principal balance, we fully support your decision. At Midland Mortgage Company, we strive to provide exceptional customer service and transparent terms with no hidden charges. We understand that financial situations can change, and we want to empower our borrowers to be in control of their mortgage repayment plans. Feel free to make early payments and accelerate your homeownership goals without any prepayment penalties.
Adam Goldkamp is the editor / author responsible for this content.
Answered May 3, 2024

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