We don’t charge prepayment penalties on most of our loan products, including fix and flip, new construction, bridge, and multi-family renovation loans. You’re welcome to pay off your loan early without any fees. For rental loans like DSCR, options such as a 5/4/3/2/1 stepdown, 3/2/1 stepdown, 1-year prepay, or no prepay penalty are available—just ask your loan officer what works best for your situation.
