24 CFR 201.17
§ 201.17 Prepayment provision.
United States · 24 CFR — Housing and Urban Development · Status: effective
Cite this
- Citation
- 24 CFR 201.17, § 201.17 Prepayment provision, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/99397
- Permanent ID
ys:prov:99397@1- SHA-256
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Full text
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.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.