Virginia Decodedhttps://vacode.org543576.2-422Prepayment penalty for loan secured by home occupied by borrower20256.2-421Financial Institutions and ServicesGeneral ProvisionsCertain Lending PracticesLoans Secured by Lien on Real Estate
The prepayment penalty in the case of a loan secured by a mortgage or deed of trust on a home that is occupied or to be occupied in whole or in part by a borrower shall not exceed two percent of the amount of such prepayment.