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Is there a penalty for prepayment of OWRB loan principal?

April 26, 2017loan owrb penalty prepayment Principal

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Is there a penalty for prepayment of OWRB loan principal?

1 Answer

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10 Posted

No. There is no penalty for pre-payment of any loan issued by the OWRB. However, loans from OWRB Revenue Bonds may require that prepayments be received during a specified time period or window of opportunity. Please contact an OWRB financial analyst for details.