[NRA2BFree]

It would depend on what your contract says. The best way to know how, when they are going to pay you and whether there is a "prepayment" penalty or other contract stipulation, is to call them and ask them. You might want to read the fine print on the contract to see what it says about prepayment, if you haven't done that already. Lenders are usually very clear about the terms of their loans.

[hsmomx3]

Okay, I found out that if you don't do this, the financial instit. will charge you a higher int. rate. We can always send back what we don't use but still maintain the LOC account.

The man we are dealing with is not charging us a fee for doing this.