Finance
A West Virginia mortgage that requires the borrower to maintain a specific credit score throughout the loan term and defaults can be triggered by a drop in credit score is called a:
AVariable rate mortgage
BPerformance-based mortgage
CAcceleration clause trigger✓ Correct
DCovenant violation clause mortgage
Explanation
An acceleration clause allows the lender to demand full repayment of the outstanding balance upon the occurrence of specified events, such as default, transfer of title (due-on-sale), or violation of loan covenants.
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