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Author Question: In a typical fixed rate mortgage, when the loan balance is paid off over the life of the loan, the ... (Read 107 times)

go.lag

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on: Aug 3, 2018
In a typical fixed rate mortgage, when the loan balance is paid off over the life of the loan, the loan is said to be:
 
  A. Self amortizing
   B. Self depreciating
   C. Self-accumulating
   D. Self declining

Question 2

In the eyes of the lender, a buyer is regarded as a more desirable purchaser:
 
  A. When the real estate agent declares it so
   B. When the real estate agent issues a pre-qualification letter
   C. When the lender issues a pre-qualification letter
   D. When the buyer provides character witnesses


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mjbamaung

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Reply #1 on: Aug 3, 2018
Answer to Question 1

A

Answer to Question 2

C


go.lag

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  • Posts: 667
Reply 2 on: Aug 3, 2018
Great answer, keep it coming :)

tanna.moeller

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Reply 3 on: Yesterday
Wow, this really help

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