http://blownmortgage.disqus.com/Mortgage and finance with a sarcastic bentenMon, 08 Jun 2009 21:32:26 -0000http://blownmortgage.com/2007/10/12/choosing-a-pre-payment-penalty/#comment-10634077Hi Ann,<br><br>It really depends on your mortgage note. I'm not a legal expert so I can't give you the right answer. I would talk to an attorney that specializes in TILA and real estate law and inquire with them. Loans that are deemed predatory have prepayment limits that are restricted to 36 months. However, an attorney can give you more insight. Good luck!morganbMon, 08 Jun 2009 21:32:26 -0000http://blownmortgage.com/2007/10/12/choosing-a-pre-payment-penalty/#comment-10621141I have a 5-year prepayment penalty. I am four years into the five. I want to refinance and cannot even through my present lender because all I have is a servicing company. Don't really know who my lender is. I live in California. Is this legal in California?ann mendocaMon, 08 Jun 2009 14:20:02 -0000