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Best Nationwide Loans
620 NewPort Center Drive, Suite 1100
NewPort Beach, CA 92660
Toll Free: 888-801-3000
Fax: 949-313-1292
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RD Glossary - Prepayment
Any amount paid to reduce the principal balance of a
loan before the due date. Payment in full on a mortgage that may result from a
sale of the property, the owner's decision to pay off the loan in full, or a
foreclosure. In each case, prepayment means payment occurs before the loan has
been fully amortized.
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Today's Rate |
4.625%
Fixed Rate |
| * 4.881% APR. The displayed annual percentage rates (APRs) include total Points and additional prepaid finance charges but do not include other Closing Costs. On adjustable-rate loans, rates are subject to increase over the life of the Loan. |
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