Aiden and Ellie recently got married and now they are ready to purchase their first home together. After finding the house they want to buy, they go to a savings and loan association to get a mortgage. What will happen if Aiden and Ellie are ever unable to make their mortgage payments?
A) The savings and loan association will accept Aiden and Ellie's possessions, such as cars, appliances, and electronics, in lieu of payments.
B) The savings and loan association has the right to repossess their house.
C) The savings and loan association will give them discounts to help them pay their mortgage.
D) The savings and loan association will waive their interest to make the mortgage payments more manageable.
E) The savings and loan association will extend the time Aiden and Ellie have to make the payments.
Correct Answer:
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