§ 201.17 Prepayment provision.
Current through Aug 20, 2026 · Read all of Part 201
The note shall contain a provision permitting full or partial prepayment of the loan without penalty, except that the borrower may be assessed reasonable and customary charges for recording a release of the lender's security interest in the property, if permitted by State law.
[61 FR 19797, May 2, 1996]