Which is not a good reason to refinance your mortgage?
A) To save money
B) To access your home equity
C) To reduce the term of your mortgage
D) To extend the term of your mortgage
Correct Answer:
Verified
Q76: If a financial institution makes a home
Q77: Under a (n) _ mortgage, the loan
Q78: In a home purchase, what are discount
Q79: One discount point is equal to _
Q80: Refinancing a home incurs _ mortgage-related finance
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
Q85: A balloon mortgage is
A) usually amortized over
Q86: An interest rate cap is likely to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents