Karen Obtains a Mortgage Loan from First Class Bank So

Karen obtains a mortgage loan from First Class Bank so that she can purchase a new house.The house costs $100,000.Karen makes a down payment of $10,000.First Class Bank will

A) probably require Karen to purchase mortgage insurance.
B) not require Karen to purchase mortgage insurance.
C) not charge Karen interest for at least a year because she made a down payment that was 10 percent of the purchase price.
D) require Karen to make another $10,000 payment within one year.