A subprime mortgage is a mortgage issued to a highly qualified borrower at reduced interest rates.

Name: A subprime mortgage is a mortgage issued to a highly qualified borrower at reduced interest rates.
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A subprime mortgage is actually a type of mortgage issued to borrowers with lower credit scores or other factors that make them a higher risk to lenders. The interest rates on subprime mortgages are often higher than those on traditional mortgages.

A Subprime Mortgage Is a Mortgage Issued to a Highly