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The Following Is NOT True of a Shared Appreciation Mortgage

Question 20

Multiple Choice

The following is NOT true of a Shared Appreciation Mortgage:


A) there are annual adjustments to the contract rate
B) there is the risk that property values may not increase as fast as general inflation
C) the borrower may not have an incentive to maintain the property d . the contract rate is generally lower than on a standard fixed rate loan

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