MORTGAGE AND EQUITY question. ten pts! plz sustain! ?
5. A borrower's ability to qualify for a mortgage would be increased by:
a. substantial debt obligations.
b. a lower down allowance.
c. lower interest rates.
d. higher interest rates.
15. In which one of the following situations would equity in a home grow the fastest?
a. A 7 percent mortgage financed over 30 years.
b. An 8 percent mortgage financed over 25 years.
c. A 9 percent mortgage financed over 20 years.
d. A 10 percent mortgage financed over 15 years.
Thanks and God bless! This is for a study guide in casing you're wondering.
"> on first ques. neither answer is good
2. d
5. Is C. definitely. 15 is D. I focus
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a. substantial debt obligations.
b. a lower down allowance.
c. lower interest rates.
d. higher interest rates.
15. In which one of the following situations would equity in a home grow the fastest?
a. A 7 percent mortgage financed over 30 years.
b. An 8 percent mortgage financed over 25 years.
c. A 9 percent mortgage financed over 20 years.
d. A 10 percent mortgage financed over 15 years.
Thanks and God bless! This is for a study guide in casing you're wondering.
"> on first ques. neither answer is good
2. d
5. Is C. definitely. 15 is D. I focus
Related Questions:
