When Was Prepayment Charges Greet when you look at the The Mortgages? Date Limitation to own Prepayment Charges-Three years An effective prepayment penalty is just welcome inside the basic 3 years pursuing the loan are consummated. Immediately following 36 months, an excellent prepayment penalty actually welcome. (several C.F.Roentgen. (g) (2024).) Financing is “consummated” when the […]