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Assumable Loans and Carry Backs

Question 3

Multiple Choice

Assumable loans and carry backs:


A) have totally replaced FHA and VA financing
B) are examples of what is termed creative financing
C) are short-term loans with balloon payments
D) are two forms of FHA financing

Correct Answer:

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Q1: A maturity mismatch occurs when:
A) over one

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A) the withdrawal of funds

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