Frequently Asked Questions

Can I prepay the loan without a penalty?

There are no pre-payment penalties on our loan products, and therefore you can pay off your mortgage any time with no additional charges. And, you can also make additional principal mortgage payments at any time.

We do ask that you hold your new mortgage with Empire of America for at least 6 monthly installments before paying it off, this would not cause any charges to you, but lenders are heavily penalized for what is referred to as Early Payoff.

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