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Aegis Mortgage Corporation Loan Officer had not known about the "hidden" 2% penalty for paying additional principal a month. Houston Texas
Loan officer called and reported that he had never known of their loans having a prepayment penalty for paying additional principal a month. He would have disclosed this himself if he had been aware of it. He, too, thinks it is unethical and should have been disclosed. He is embarassed to have been a part of any unethical actions by Aegis and resigned from the company today.