If Beneficial Finance owns your mortgage and you refinance for a better rate with another company, beware!
I refinanced and had to pay a substancial pre-payment penalty for the entire term. It was not pro-rated as most are.
Now I get a statement from Beneficial Finance for a late charge, over and above the pre-payment penalty because their payoff arrived a day late.
Beneficial Finance may be the third largest lender, but they will try to suck you dry, when you leave them.
They probably make more money from people trying to better themselves by incerting "get rich clauses" in their conracts, then they do, just collecting interest!
THERE SHOULD TO BE A LAW AGAINST CHARGING FULL TERM PRE-PAYMENT