State rules / Prepayment Penalty Rules

Nevada prepayment penalty rules

Nevada law permits prepayment penalties on residential first-lien mortgage loans as agreed by the parties. NRS § 99.055 explicitly allows any penalty for prepayment to which the parties agree when the loan is made, without imposing statutory time limits or caps on the penalty amount.

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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