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Which of the following loan characteristics protect the loan investor? Prepayment penalty Non - recourse loan Fully amortizing, non - prepayable Full - recourse loan
Which of the following loan characteristics protect the loan investor? Prepayment penalty Nonrecourse loan Fully amortizing, nonprepayable Fullrecourse loan Requiring payment of balance in full in the case of borrower default. Debt service reserve fund
Which of the following loan characteristics protect the loan investor?
Prepayment penalty
Nonrecourse loan
Fully amortizing, nonprepayable
Fullrecourse loan
Requiring payment of balance in full in the case of borrower default.
Debt service reserve fund
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