In the event of early termination (payoff) within 18 months of the loan origination date, Borrower shall pay a prepayment penalty of 1% of the principal amount due at the time of termination, unless the payoff is the result of a refinance of the obligation with Republic Bank & Trust Company.
Is there a penalty for early payoff? Print
Modified on: Mon, 26 Jun, 2023 at 8:38 AM
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