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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] hml prepays Posted by hard money lender on April 26, 2008 at 10:38 PM In Reply to: A big, black box... posted by Rick, the Probate Guy on April 26, 2008 at 5:00 PM are usually only for a year. this is what i do on all my loans, but i cant recall seeing one for over a year from any broker. there are still a lot of hml loans with no prepays, but if it is over a year, you are probably safe in any case. most hmls only last for no more than 3 years. we lenders just dont want to go thru the hoops for less than a years worth of interest. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : are usually only for a year. this is what i do on all my loans, but i cant recall seeing one for over a year from any broker. : there are still a lot of hml loans with no prepays, but if it is over a year, you are probably safe in any case. : most hmls only last for no more than 3 years. we lenders just dont want to go thru the hoops for less than a years worth of interest. [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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