I just don't trust that, especially coming from a loan officer.Appreciate any insight you can provide based on your experience or experience of your clients. 

To answer your question, it depends on the type of prepayment penalty you have and what the penalty is based on. 

Our highest bidder, a downtown-based construction GC business, could not tell us what grade of lumber was quoted, would not share what brand of garage doors they used ("local vendors"), would not identify their steel beam and column supplier or water service vendor.

I have been in the mortgage business since 2003 and these same words and phrases that are stated above will always cause some folks to think now it not a good time to buy.

I see you are based in Columbus.

This is reason #42 why I only offer MTM leases.Now that that is out of the way, if they are on a term lease, just give proper notice to terminate based on your lease verbiage and local laws(!). 

It's a French-based EV battery company that will be establishing a North American HQ in Columbus. 

@Tyler Jordison you are paying the lender fees based on the rate they are charging you.

Your agent should be able to show you numbers of recent properties that were a "good deal" based on market standards. 

He is in my area but the more I looked the more skeptical I became.A bunch of his videos are just him working out with words about investing written across them.His business name is very unprofessional.