Refinance: Is it legal for the previous mortgage broker to charge penalty to reimburse the original lender?
alec b asked: …even if the original loan had no prepayment penalty? Please refer to the following form. Is it even legal in CA? In the event I / we refinance the loan through anyone, other than “XXX Lender”, within twelve (12) months of the funding date, I / we agree to reimburse “XXX lender” [...]