A fee assessed when a borrower does not make a payment by the due date. Late charges can be assessed for any type of payment, including mortgage payments, rent payments, and credit card payments. The amount of the late charge can vary depending on the loan or agreement, and can be a flat fee or a percentage of the unpaid amount.

Real Estate Glossary | What is Late Charge??

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Beycome Corp. works with real estate brokerages licensed to do business in multiple states across the country. Beycome Brokerage Realty LLC d/b/a beycome.com is a real estate brokerage licensed to do business in AL, GA, IL, MI, MN, NC, SC and TX. Beycome of Florida LLC d/b/a beycome.com is a real estate brokerage licensed to do business in Fl. Beycome of Connecticut LLC d/b/a beycome.com is a real estate brokerage licensed to do business in CT. A list of our licenses is available here.

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