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3.1.7 Prepayment Restrictions

HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States

A. The Section 223(f) program limits prepayment during the first five years of the loan. (Refer to Section 3.7.10 for detailed requirements for prepayment restrictions concerning Section 223(f) loans.) For other Sections of the Act, HUD permits but does not impose prepayment restrictions on insured loans. Prepayment restriction provisions may not include HUD consent as a condition to prepayment of the loan by the Borrower.

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▸Contents — HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021)

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