24 C.F.R. § 201.17 : Housing and Urban Development — REGULATIONS RELATING TO HOUSING AND URBAN DEVELOPMENT — OFFICE OF ASSISTANT SECRETARY FOR HOUSING-FEDERAL HOUSING COMMISSIONER, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT — MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES — TITLE I PROPERTY IMPROVEMENT AND MANUFACTURED HOME LOANS — LOAN AND NOTE PROVISIONS — 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.

24 C.F.R. § 201.17

61 FR 19797, 5/2/1996