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FAQ: What is prepaid interest? Prepaid interest is something that commonly confuses consumers, and it's also something that loan officers commonly struggle to explain. How do I know? I've worked with thousands of borrowers and trained numerous loan officers. Even seasoned pros struggle with this explanation. Prepaid interest causes confusion. Since I can't explain it to every borrower, I made this video to help both consumers and loan officers understand it once and for all. It appears as a cost
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