Insurance for the lender,if it needs to foreclose on a home and the sale does not cover the mortgage and the cost of the foreclosure,is called
A) private-mortgage insurance.
B) premium-mortgage insurance.
C) primary-minimum insurance.
D) primary-mortgage insurance.
Correct Answer:
Verified
Q21: When purchasing a home,a real estate broker
Q22: What mortgage type has an interest rate
Q23: An adjustable-rate mortgage (ARM)is defined as
A)insurance for
Q24: _ is the ratio expressing the amount
Q25: The transfer of a lease agreement to
Q27: Real estate commissions are
A)at least 7% of
Q28: What is a sublease?
A)Having someone renting below
Q29: Most lenders require how much of a
Q30: Connie just graduated from college and got
Q31: One disadvantage to renting is _.
A)you are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents