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Maximum monthly penalty

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Icon Mini Profile mealingpeter





Joined: 05 Feb 2009

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Post Posted: Thu Feb 05, 2009 3:12 pm    Post subject: Maximum monthly penalty
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What is the maximum penalty that can be charged on a late payment for a second mortgage in Texas?
Icon Mini Profile sara
sara
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Location: New Brunswick, New Jersey
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Post Posted: Fri Feb 06, 2009 4:20 am    Post subject:
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Hi,

I most cases, your late fee would be deducted from the next month's payment. You need to check out the late payment stated in your Truth-In-Lending Disclosure.

Take care
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