Previous Next


The Loan Store Online
The Loan Store Online
Mortgage FAQ
 
Can I pay off my loan ahead of schedule?


Can I pay off my loan ahead of schedule?

Yes. By sending in extra money each month or making an extra payment at the end of the year, you can accelerate the process of paying off the loan. When you send extra money, be sure to indicate that the excess payment is to be applied to the principal. Most lenders allow loan prepayment, though you may have to pay a prepayment penalty to do so. Ask your lender for details.



The Loan Store Online
818-293-0000
Sun Valley , CA  US
http://www.theloanstoreonline.com


Copyright 2007 The WebStore Group - All rights reserved


The Fastest and Easiest way to Create and Manage your Store Online