Prepayment Penalty
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What is a Prepayment Penalty?
It protects the lender from the loss of anticipated interest income if the borrower refinances or sells the property early.
Common Features of Private Lending Software
Workflow Automation
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Ecosystem Integrations
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Why Prepayment Penalties Matter
Borrowers must consider these penalties when planning their exit strategies, as they can significantly impact the profitability of a real estate investment.
Loan-to-Value Ratio
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First Lien Position
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Content Management
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Mortgage
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Fixed-Rate Mortgage
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Credit Score
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