Government-guaranteed loans are called conventional loans.
Correct Answer:
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Q3: A short-term loan made for acquisition of
Q4: A savings bank may make only commercial
Q5: Mortgage loans are closed in the secondary
Q6: The Veterans Administration guarantees loans made by
Q7: The FHA makes direct loans to home
Q9: The risk of repayment of a conventional
Q10: The Veterans Administration makes direct loans to
Q11: Construction loans are generally amortized loans.
Q12: A savings bank may make only residential
Q13: One major concern for a construction lender
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