Code of Federal Regulations (alpha)

CFR /  Title 24  /  Part 201  /  Sec. 201.17 Prepayment provision.

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]