The Veterans Administration guarantees loans made by private lenders.
Correct Answer:
Verified
Q1: The ratio of a borrower's assets to
Q2: Fannie Mae is involved in the secondary
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
Q7: The FHA makes direct loans to home
Q8: Government-guaranteed loans are called conventional loans.
Q9: The risk of repayment of a conventional
Q10: The Veterans Administration makes direct loans to
Q11: Construction loans are generally amortized loans.
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