Finance
A Massachusetts mortgage that gives the lender the right to call the entire loan balance due if the property is sold is called a:
ABalloon mortgage
BAdjustable rate mortgage
CDue-on-sale (alienation) clause mortgage✓ Correct
DWraparound mortgage
Explanation
A due-on-sale clause (alienation clause) requires the borrower to pay off the mortgage in full if the property is sold or transferred. This prevents loan assumption without lender approval and protects lenders from having below-market-rate mortgages transferred to new borrowers.
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