Iam buying a house in Alabama and Ive heard that its illegal to charge prepayment penalties in the state of Alabama is this true, even if you sign a loan contract that states you have a 3yr prepayment penalty?
Quote: Iam buying a house in Alabama and Ive heard that its illegal to charge prepayment penalties in the state of Alabama is this true, even if you sign a loan contract that states you have a 3yr prepayment penalty?