State rules / Prepayment Penalty Rules
South Carolina prepayment penalty rules
South Carolina prohibits prepayment penalties on first-lien mortgage loans where the aggregate amount advanced does not exceed $150,000. For loans above $150,000, no state-specific restriction is found; federal law governs, which generally restricts prepayment penalties on most mortgages.
Prepayment Penalty Rules in other states
- Oregon prepayment penalty rules
- Pennsylvania prepayment penalty rules
- Rhode Island prepayment penalty rules
- Tennessee prepayment penalty rules
- Texas prepayment penalty rules
- Utah 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 6, 2026.