Which of the following statements about FHA and VA mortgages is false?
A) They are insured by the government.
B) They charge for their insurance.
C) They have low down payments.
D) The borrower is protected in case of default.
Correct Answer:
Verified
Q65: Which of the following is not true
Q66: As interest rates rise, the value of
Q67: Which of the following is not true
Q68: Which of the following is associated with
Q69: Which of the following is not an
Q71: An investor in a first-level CMO tranche
Q72: Which of the following is true about
Q73: Which of the following is not associated
Q74: The original purpose of the Federal Home
Q75: Mortgage bankers are most likely to be
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