Under HOEPA, balloon payments on high-cost mortgages are generally prohibited. Which of the following situations represents a permissible exception to this prohibition?

A lender offers a balloon payment as an incentive to attract creditworthy borrowers A loan with a balloon payment that the lender has already disclosed on the Loan Estimate A borrower requests a balloon payment to reduce monthly payments on a 20-year loan A short-term bridge loan of 12 months or less to finance a new home while the borrower sells an existing home