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Virginia Code Title 6.2. Financial Institutions and Services § 6.2-422. Prepayment penalty for loan secured by home occupied by borrower

Current as of January 01, 2025 | Updated by Findlaw Staff

The prepayment penalty in the case of a loan secured by a mortgage or deed of trust on a home that is occupied or to be occupied in whole or in part by a borrower shall not exceed two percent of the amount of such prepayment.

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Cite this article: FindLaw.com - Virginia Code Title 6.2. Financial Institutions and Services § 6.2-422. Prepayment penalty for loan secured by home occupied by borrower - last updated January 01, 2025 | https://codes.findlaw.com/va/title-6-2-financial-institutions-and-services/va-code-sect-6-2-422/

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