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You can lower your EMI amount by choosing a longer loan tenure. Applicable fees and charges. Type of fee Applicable charges Rate click here interest 7.

Processing fees Up to 2. Documentation charges Up to Rs. Prepayment charges Full prepayment foreclosure Term Loan в Up to 4.

Penal interest Delay in payment of monthly finance of america mortgage llc shall attract penal interest at the rate of 3.

Stamp duty Payable as per state laws finance of america mortgage llc deducted upfront from the loan amount. Legal, and incidental charges Actual legal and incidental charges under applicable laws. Repossession charges At actuals with a maximum capping of Rs.

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