Prepayment of a mortgage loan may be made by or on behalf of a mortgagor at any time without penalty.
N.J. Stat. Ann. § 46:10B-2
Prepayment of mortgage loan without penalty
Applied in 1 court decision — leading case 193 W. Va. 304 - Young v. Sodaro (1995)
Most recently applied in 193 W. Va. 304 - Young v. Sodaro (February 1995)
L.1968, c. 54, s. 2, eff
Current official text: New Jersey Legislature. Digitized from the New Jersey Legislature bulk statutes download. Reproduced from public-domain New Jersey statutes; confirm against the official source for the current text. Not legal advice.