QUESTION
my mortgage holder is not accepting my Extra payment towards principal. what should i do?
Asked on Dec 14th, 2012 on Real Estate - New York
More details to this question:
my mortgage holder is my previous owner. and i wanted to pay at the end of the year which is now, towards my principal. and he just said no. he wants to apply that payment from the end of the mortgage rather than when the mortgage is remaining from. what should I do.
1 ANSWER
1 Award
The answer depends upon the terms of your mortgage. As it is a private mortgage, there is no rule on the terms that is required. Either you or him could be right.
Answered on Dec 15th, 2012 at 5:18 PM