In which mortgages can a creditor include a prepayment penalty provision? A) Fixed-rate mortgages B) Adjustable-rate mortgages C) FHA mortgages D) VA mortgages
A creditor can include a prepayment penalty provision in both fixed-rate mortgages and adjustable-rate mortgages. However, prepayment penalty provisions are generally not allowed in FHA mortgages or VA mortgages.
