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21 March, 06:54

What do borrowers use to secure a mortgage loan?

A. Credit Card

B. Down Payment

C. House

D. Land

E. Vehicle

I'm not sure if the answer is A and B, or if C is included too.

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Answers (1)
  1. 21 March, 10:47
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    A. and B.

    Explanation:

    mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.
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