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Adding in prepayment data can adjust the rates significantly.
If Fairbanks imposed a prepayment penalty in violation of contract or law.
People who paid an improper prepayment penalty were also eligible to get a refund of a portion of the amount of the prepayment penalty.
Look for a lender that doesn't charge application fees, origination fees, or prepayment penalties.
Tracker rate mortgages may include a costly prepayment penalty if paid off prior to the amortized term.