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3 September, 16:37

lindsay took out a (n) to purchase her new home she use in the form of the property to back the leon lindsay also paid money in advance this is known as a (n) if lindsay dose not make her loan payment on time the bank will most likely

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  1. 3 September, 18:45
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    Lindsay took out a Mortgage Loan to purchase her new home.

    She used collateral in the form of the property to back the loan.

    Lindsay also paid money in advance. This is known as a Down payment.

    If Lindsay does not make her loan payments on time, the bank will most likely seize her home.
  2. 3 September, 18:47
    0
    Answer: Lindsay took out a Loan to purchase her new home. Lindsay also paid money in advance this is known as a down payment. If Lindsay dose not make her loan payment on time the bank will most likely foreclose.
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