No, there are no prepayment penalties associated with the HERO Program, regardless of the HERO assessment date. However, given that HERO Assessments are paid through property taxes at specified intervals, the homeowner may have interest payments due until the next tax interval. Please contact HERO Property Advisors at 1-855-CAL-HERO to assist with a prepayment schedule for your HERO Home.

Categories: Financing, Real Estate Transactions