Can I make extra payments on my mortgage to pay it off faster with Allied Home Mortgage Corp.?

Yes, you can definitely make extra payments on your mortgage with Allied Home Mortgage Corp. Making additional payments on your mortgage is an effective strategy to pay off your loan faster and reduce the overall interest you'll need to pay. By making extra payments, you can potentially shorten the term of your loan and save on interest costs. At Allied Home Mortgage Corp, we support and encourage borrowers to make additional payments whenever they are able to. These extra payments can be made towards the principal amount, allowing you to pay off the mortgage faster and own your home outright sooner. However, it's important to note that some mortgage products might have prepayment penalties or restrictions, so it's advisable to review your specific loan terms or consult with a mortgage specialist at Allied Home Mortgage Corp to clarify the details of making extra payments.