19.144.040 Prepayment penalty or fee—Limitation.

WA Rev Code § 19.144.040 (2019) (N/A)
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RCW 19.144.040 Prepayment penalty or fee—Limitation.

A financial institution may not make or facilitate the origination of a residential mortgage loan that includes a prepayment penalty or fee that extends beyond sixty days prior to the initial reset period of an adjustable rate mortgage.

[ 2008 c 108 § 5.]