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    • What is a prepayment penalty?

      What is a prepayment penalty?

      Bankrate via Yahoo Finance· 5 months ago

      Key takeaways A prepayment penalty is a fee designed to discourage borrowers from paying off a loan ahead of time. Refinancing your mortgage or selling...

    • What is a deed in lieu of foreclosure?

      What is a deed in lieu of foreclosure?

      Bankrate via Yahoo Finance· 3 months ago

      Key takeaways A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less...

    • Do I lose home equity after refinancing?

      Do I lose home equity after refinancing?

      Bankrate via AOL· 4 months ago

      Refinancing your mortgage does not have to negatively impact your home equity. Just the opposite, in fact: The goal of a refi generally is to get a new...