---
kind: "section"
citation: "24 C.F.R. § 201.17"
title: "24"
number: "201.17"
heading: "Prepayment provision."
url: "https://uscodex.org/cfr/24/201.17"
---

# §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.


## Notes

### Amendments

[61 FR 19797, May 2, 1996]

### Authority

Authority: 12 U.S.C. 1703; 15 U.S.C. 1639c; 42 U.S.C. 3535(d).

### Source

Source: 50 FR 43523, Oct. 25, 1985, unless otherwise noted.

### Amendments

[61 FR 19797, May 2, 1996]