A trust deed note taken by a state savings and loan association on a single-family owner-occupied residence could be prepaid without penalty:

A: If the loan is more than 7 years old;
B: If the lender exercises the due on sale provision in the note and signs a waiver of right to prepay;
C: If the loan is assumed by a buyer of the house;
D: Any time whether there is a written prepayment charge or not.

Answer: A: If the loan is more than 7 years old;