According to the Statement on Subprime Mortgage Lending, which of the following would be a characteristic of a subprime loan?
A. A credit score of 575
B. Low initial payments based on a fixed introductory rate that quickly expires, after which the loan begins its adjustable-rate phase
C. Required third-party verified documentation of the applicant's income
D. Low refinance fees to encourage frequent refinancing to maintain an affordable monthly payment
