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Is there ever a possibility for the borrower having to pay a pre-payment penalty with Construction Loan One?

April 26, 2017borrower Construction loan pay penalty POSSIBILITY pre-payment

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Is there ever a possibility for the borrower having to pay a pre-payment penalty with Construction Loan One?

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No. Borrowers will never pay a penalty to Construction Loan One for paying off their construction loan early. The sooner that you pay us off, the less interest you will pay on your construction loan.