In a typical fixed rate mortgage, when the loan balance is paid ...

[go.lag]

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

[mjbamaung]

Answer to Question 1

A

Answer to Question 2

C

[go.lag]

Thanks for the timely response, appreciate it

[bassamabas]

Great answer, keep it coming