Mortgage Release Price


Definition of "Mortgage release price"

Pamela Lentz real estate agent
Pamela Lentz, Real Estate Agent Cummings & Co. Realty

Amount required to payoff the full balance of the mortgage today. The amount equals the principal balance plus any prepayment penalty.

Have a question or comment?
We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 
 

 

Popular Real Estate Terms

Popular Real Estate Questions