Charges levied against the Borrower in the event that they exit the loan before a specified term. They can apply to any Loan, but are most typically applied to Fixed Rates in the Residential, BTL and Commercial Mortgage markets.
Charges levied against the Borrower in the event that they exit the loan before a specified term. They can apply to any Loan, but are most typically applied to Fixed Rates in the Residential, BTL and Commercial Mortgage markets.