Which of the following is a characteristic of a prepayment penalty?
O
A. It must be disclosed by the lender
O
B. It encourages homeowners to pay off their mortgage early.
O
C. It increases the interest rate on the mortgage.
O
D. It increases the monthly mortgage payment.

Which of the following is a characteristic of a prepayment penalty O A It must be disclosed by the lender O B It encourages homeowners to pay off their mortgage class=