What qualifies as a 'high-cost loan' in terms of the points and fees threshold?

A 'high-cost loan' is identified based on specific thresholds related to points and fees, which are established under the Home Ownership and Equity Protection Act (HOEPA). The correct qualification states that for loans of $50,000 or more, if points and fees exceed 5% of the total loan amount, it classifies as a high-cost loan. Conversely, if the loan is less than $50,000, the threshold is set at 8%. This tiered approach takes into account the loan size, recognizing that smaller loans may have relatively higher costs associated with them when compared to larger loans.

In summary, option C accurately reflects the nuances of these thresholds that determine whether a loan is categorized as high-cost, while the other options do not capture the specific criteria laid out by the regulations.