State rules / Prepayment Penalty Rules

Colorado prepayment penalty rules

Colorado does not prohibit prepayment penalties on residential first-lien mortgage loans. However, for adjustable-rate mortgages, a prepayment penalty that extends past the adjustment date creates a presumption that the loan does not provide a reasonable tangible net benefit, which violates the mortgage broker's duty of good faith and fair dealing. For fixed-rate mortgages, no specific state restriction was found in the provided text.

Prepayment Penalty Rules in other states

Researched and verified against primary sources by AI, with the controlling citation above. Not human-reviewed and not legal advice — confirm against the cited source before relying on it. Last updated July 5, 2026.

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