Dion has a mortgage loan with Eagle Bank that includes a prepayment penalty clause. If Dion repays his mortgage in full within the period specified in the clause, he will most likely be
A) required to pay a penalty.
B) reimbursed by the bank for the amount of the down payment.
C) credited with the amount of the unpaid interest on the loan.
D) penalized by the county where the property is located.
Correct Answer:
Verified
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