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maturity date

Posted on: 24th Sep, 2009 09:19 pm
if my loan matures in june 2015 and i have made double payments. If i have a balance of 110.00 at this moment and choose not to pay until 2015 can mortgage company charge me late fees?
Your question is little confusing

can you pelase clarify
Posted on: 24th Sep, 2009 09:40 pm
If you procrastinated for payment mortgage company always charge late payment fees.

Thanks.
Posted on: 24th Sep, 2009 11:25 pm
Hi hcereceres,

The mortgage company may or may not charge you late fees. However, in my opinion it would be better if you pay off that amount. This will make the property free and clear. Thus, you won't remain liable for the mortgage any further.
Posted on: 24th Sep, 2009 11:35 pm
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