Q: Just how is my partial prepayments placed on my loan harmony?

Q: Just how is my partial prepayments placed on my loan harmony? Prepayments Q: Must i generate a partial prepayment to my contrary home loan membership? A: Extremely opposite mortgage loans tend to permit a partial prepayment to the reverse financial membership in the place of penalty. NRMLA highly recommends you talk about the limited prepayment solutions hence are on the market underneath the regards to the loan arrangement together with your contrary financial servicer. […]