One discount point is equal to ___ percent of the loan amount.
A) 1
B) 10
C) 0.1
D) 0.01
Correct Answer:
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Q74: Which type of mortgage allows homeowners to
Q75: A mortgage is a
A) long-term amortized loan
Q76: If a financial institution makes a home
Q77: Under a (n) _ mortgage, the loan
Q78: In a home purchase, what are discount
Q80: Refinancing a home incurs _ mortgage-related finance
Q81: Which is not a good reason to
Q82: Which of the following statements is true
Q83: A good reason to refinance your home
Q84: Refinancing makes sense only if you
A) will
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