This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr. 

If you’re open to it, I’d be thrilled to buy you a coffee and hear your story.Whether you specialize in residential, commercial, wholesaling, or anything in between, your insights would mean a lot to me as I navigate this journey.Please feel free to reply here or shoot me a message if you’re interested.

Feel free to send me an email or reach out I would be happy to help or offer advice in any way possible.

If you have any questions on this - please feel free to reach out to me via pm I'd be happy to chat.

Feel free to reach out if you are interested in learning more about new construction opportunities.

If anyone has any advice, please feel free to share it with me. 

Feel free to dm me if you want a 3rd opinion on your home. 

Not free ones but not too expensive ones as well.. 

There's a free 7-day trial for you to poke around on those forums and learn more.

Feel free to DM me if interested in discussing more, would be happy to assist.