Which of the following loans would First National report on its loan application register?
A) A refinancing of the balance of a home purchase loan made five years earlier, both loans will be secured by dwellings
B) A loan made to a couple, secured by their home, to pay for their children's education
C) A bridge loan made to a newly transferred executive of a local company
D) A loan made to construct a principal dwelling
Correct Answer:
Verified
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