Mortgage that can be paid off prior to maturity without penalty. In general, lenders do not like open mortgages because the early payoff reduces the interest they earn.
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Open Mortgage has had a policy of internally auditing 100% of branch files since the very early days of the company. Closed loans are uploaded to our system ...
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Definition of open mortgage: Mortgage that can be paid off prior to maturity without penalty. In general, lenders do not like open mortgages because the early ...
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Welcome to the company profile of Open Mortgage, LLC on LinkedIn. Open Mortgage, LLC is a Mortgage Banker with headquarters in Austin, TX. Open currently ...
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Sep 20, 2004 ... An open mortgage is one in which the borrower can repay the loan, in full or in part, any time prior to maturity without penalty. The terms are ...
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