Which of the five Cs of credit would your actual home be in relation to your mortage?

Name: Which of the five Cs of credit would your actual home be in relation to your mortage?
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Since the question is asking about the relation of the home to the mortgage, the most appropriate answer would be collateral. Collateral refers to the asset that the lender can claim in case the borrower defaults on their loan. In the case of a mortgage, the collateral is typically the home itself.

Which of the Five Cs of Credit Would Your Actual