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Mortgage Loan Prepayment Penalty - Washington State

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T

Tammyhooper

Guest
What is the name of your state? Does Washington State have a prepament penalty maximum on mortgage loans? I have heard that it is the equivalent of 6 months interest on the principle.
 


HomeGuru

Senior Member
Tammyhooper said:
What is the name of your state? Does Washington State have a prepament penalty maximum on mortgage loans? I have heard that it is the equivalent of 6 months interest on the principle.

**A: I am not sure. Contact a mortgage broker.
 

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