State rules / Prepayment Penalty Rules
Tennessee prepayment penalty rules
Tennessee permits prepayment penalties on residential first-lien mortgage loans as a matter of contract, subject to disclosure requirements for consumer loans not covered by the federal Truth in Lending Act. No statutory time limit or cap on the penalty amount is imposed.
Prepayment Penalty Rules in other states
- Pennsylvania prepayment penalty rules
- Rhode Island prepayment penalty rules
- South Carolina prepayment penalty rules
- Texas prepayment penalty rules
- Utah prepayment penalty rules
- Vermont prepayment penalty rules
- Compare all 44 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.