Mortgages Quizzes-A clause in a mortgage loan which - E-PersonalFinance
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    College Saving
    A clause in a mortgage loan which requires the mortgage to be paid off on sale of the property is called a:
    Answer: (a), due on sale clause
    A "due on sale clause" is a contract provision often found in a mortgage or deed of trust providing that the real estate loan must be paid off in full on sale of the real property.


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    A "prepayment penalty" is always included in mortgage loan documents:


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