State rules / Prepayment Penalty Rules
Maine prepayment penalty rules
Prepayment penalties are generally prohibited, but supervised financial organizations may impose a reasonable charge on consumer loans secured by an interest in land (other than high-cost mortgages) if the charge is reasonably calculated to offset origination costs. No specific time limit or cap is provided; the charge must be reasonable.
Prepayment Penalty Rules in other states
- Kansas prepayment penalty rules
- Kentucky prepayment penalty rules
- Louisiana prepayment penalty rules
- Maryland prepayment penalty rules
- Massachusetts prepayment penalty rules
- Michigan prepayment penalty rules
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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.