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Question
Community Trust Bank provides Devlin with a mortgage to buy a home. The rate of interest is fixed for seven years. At the end of that period, a large payment for the entire balance of the mortgage loan is due. This isA.a balloon mortgage.
B.a hybrid mortgage.
C.a reverse mortgage.
D.a violation of the law.
Answer
This answer is hidden. It contains 2 characters.
Related questions
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