N.J. Stat. § 46:10B-2: Prepayment of mortgage loan without penalty

Prepayment of a mortgage loan may be made by or on behalf of a mortgagor at any time without penalty.

L.1968, c. 54, s. 2, eff. June 6, 1968. Amended by L.1973, c. 297, s. 1, eff. Dec. 6, 1973; L.1975, c. 87, s. 1, eff. May 8, 1975; L.1979, c. 85, s. 3, eff. May 10, 1979; L.1979, c. 253, s. 2, eff. Dec. 21, 1979.