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14
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10
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Gustavo Alvarez
  • Investor
  • Palm Beach County, FL
10
Votes |
14
Posts

DSCR Loan Prepayment Penalties

Gustavo Alvarez
  • Investor
  • Palm Beach County, FL
Posted

Hi there! I applied for a DSCR loan and the terms include vague language indicating they may be a penalty if paying the loan early. Is this common for these types of loans? Is there a typical minimum period where the penalty applies, like 3-5 years? Can this be negotiated?

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