Prepayment Penalty Rules for DSCR Loans in Maine

Prepayment Penalties are Fully Allowed with no restrictions for DSCR Loans in Maine. Maine’s statutory prepayment penalty rules apply solely to consumer loans. Under Me. Rev. Stat. tit. 9-A § 2-307, penalties are limited on loans used for personal, family, or household purposes. DSCR Loans, by contrast, are business-purpose loans extended for real estate investment and are therefore exempt from Maine’s regulations restricting any prepayment penalty provisions on mortgage loans. As such, DSCR Lenders can typically offer all standard prepayment penalty options such as Descending Prepay Penalties (i.e. “3/2/1”), Flat Prepay (i.e. 5/5/5/5/5) or other tailored structures in the Pine Tree State.

FULL Complete 2026 Guide To DSCR Loan Prepayment Penalties

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