An acceleration clause allows a lender to demand immediate repayment of a home loan in certain circumstances. Lenders may invoke an acceleration clause if a borrower defaults on the loan, transfers ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. An acceleration clause demands full loan repayment if specific terms are breached. Common in ...
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We all know paying your mortgage on time is important. But you might not know how big of a deal it could be to miss a single payment. Most mortgage loans include an acceleration clause, which could ...