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80 10 10 Mortgage Prepayment Penalty Clause Real Estate Contract Penalty Clauses | LegalMatch Law Library – The prepayment clause is almost always embedded as an included clause in the original mortgage contract. Thus, when the borrower signs the mortgage loan document , they must be informed if there is a penalty clause in the contract.Financing Basics For First-time Homebuyers – An 80-10-10 mortgage can be less expensive than paying for PMI and. If you’re looking for a home mortgage for the first time, you may find it difficult to sort through all the financing options..
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