2 Points
What type of mortgage has regular mortgage payments that are expected for
a set...
Mathematics, 19.05.2020 15:26 assassin42
2 Points
What type of mortgage has regular mortgage payments that are expected for
a set period of time, and at the end of that period, the remainder of the loan is
due, but the final payment is much larger than the regular mortgage
payments and is due at one time?
A. Hybrid ARM
B. Balloon payment
C. ARM
D. Balloon mortgage
Balloon Mortgage
Answers: 3
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