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Ohio Adjustment for Loan Amount Subject to a Prepayment Penalty in 2025

The Ohio Department of Commerce has published its annual adjustment to the loan amount limits for prepayment penalties. Ohio Rev. Code § 1343.011(C)(2)(b) requires the loan amount limit to be adjusted annually on January 1 by the annual percentage change in the Consumer Price Index (CPI). During the reporting period of June 1, 2023, to June 1, 2024, the CPI increased by 2.7%, resulting in a loan amount limit increase from $110,223 to $112,957 for 2025.

 

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