24 C.F.R. § 232.585

Current through May 31, 2024
Section 232.585 - Prepayment privilege and prepayment charge

The security instrument shall contain a provision permitting prepayment of the loan in whole or in part upon any interest payment date after giving to the lender 30 days' advance written notice and it may contain a provision, with the approval of the Commissioner, for a reasonable charge in the event of prepayment.

24 C.F.R. §232.585