Re: What happens when you make extra payments on mortage principle?

"bob11" <[EMAIL PROTECTED]> wrote in message news:<[EMAIL PROTECTED]>...
> precisely. As long as you are paying down the principle with no penalties for doing 
> so, that is always the best investment that you can make.
> 
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Hi all

I was told that any pre-payment penalties would stated in my closing
documents.  I found a blurp called borrows right to prepay:

http://www.journeyisreward.com/public/prepay.jpg

>From this verbaige I assume there are no penalites and that
pre-payments will not go into escrow.  Have I read this correctly?

Thanks in advance,
rtfgrtfg