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Are there prepayment penalties for Commercial Mortgage Financing?

Author: Boychuk Mortgage Group | Nov 20, 2023

Prepayment penalties vary by lender and loan terms, so it's important to discuss this with your lender or broker before finalizing your financing agreement.



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  • What is Commercial Mortgage Financing?
  • How does Commercial Mortgage Financing differ from residential mortgages?
  • What are the benefits of using a Commercial Mortgage Broker?
  • How can I qualify for Commercial Mortgage Financing?
  • What types of properties are eligible for Commercial Mortgage Financing?
  • What loan terms are available for Commercial Mortgage Financing?
  • How can I get started with Commercial Mortgage Financing?
  • Are there prepayment penalties for Commercial Mortgage Financing?
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  • Non-Resident & Foreign Income Mortgages
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  • Home
  • About
    • About
    • Why Boychuk Mortgage Group
    • FAQ
    • Blog
    • Articles
    • Trigger Rates Explained
    • Interest Rate Update – Everything You Need To Know!
    • Mortgage Glossary Terms
  • Services
    • Services
    • Bridge Financing
    • Co-Sign Mortgages
    • First Time Home Buyer Mortgages
    • Fixed Rate vs Variable Rate Mortgages
    • Home Equity Lines Of Credit
    • Investment Property Mortgages
    • New To Canada Mortgages
    • Non-Resident & Foreign Income Mortgages
    • Pre-Approval Mortgage
    • Real Estate Investing
    • Refinance To Consolidate Mortgages
    • Self Employed Mortgages
    • Separation Mortgages
    • Steps To Buying Your Next Home
    • Variable Rate Mortgages
  • Mortgage Calculator
    • Mortgage Calculator
    • Cash Flow Calculator – Rental Properties
    • Fixed vs Variable Calculator
    • Cash Flow Analysis – Monthly Budget
    • Purchase Calculator
    • Closing Cost Calculator
    • Land Transfer Calculator
  • Testimonials
  • Resources
  • Contact Us