A newly married couple is having trouble affording a home.What type of mortgage arrangement would reduce the monthly payment as a result of an interest rate subsidy from a builder or real estate developer?
A) FHA-insured loan
B) Balloon mortgage
C) Buy-down
D) Shared-appreciation mortgage
E) Growing-equity mortgage
Correct Answer:
Verified
Q39: Prefabricated homes refers to:
A)nonprofit ownership.
B)government leasing of
Q40: The purpose of a counteroffer is to:
A)negotiate
Q41: Which of the following is an example
Q42: Which of the following expenses is paid
Q43: An appraisal is likely to cost between:
A)$100
Q45: Which document does the seller use to
Q46: Which one of the following is an
Q47: A cost associated with renting would be:
A)property
Q48: James Monroe is a member of a
Q49: A possible advantage of FHA and VA
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