Please inform me about California prepayment penalty on first mortgage

As a real estate lawyer, my job is to inform the borrower of his rights. I also take them through every step of a first mortgage. I hold their hand through the whole process. I'm never bored here in California. California after all, is where dreams are made. I help my clients find a loan, help them to calculate what their mortgage would be and most importantly, I inform them of the California prepayment penalty on first mortgage.

Being informed about California prepayment penalty on first mortgage would make you feel good!

Why do I feel so strongly about informing the consumer about California prepayment penalty on first mortgage? I believe that people need to be informed in order to make good decisions. Not everybody out there has wealth with a huge savings account. Some people take out a loan from the bank thinking that they'll pay interest for 30 years. Suddenly they come into some money, make an assessment and realize that they don't want to owe the bank for a good part of their lives. They decide to walk right in and pay off their mortgage. They assume that they'll save loads of money with no more financial obligation. Then you wonder why their faces contort into strange positions when they are told about the California prepayment penalty on first mortgage. Why the startled look? It was clearly written in the contract. That's why I tell all my clients about the California prepayment penalty on first mortgage. No surprises lead to a happy consumer, who is completely aware of their obligation. It's that simple, I should have listened to my own advice. To be continued.......................