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Typically,the Terms of a Mortgage Loan Require That the

Question 59

Multiple Choice

Typically,the terms of a mortgage loan require that the


A) borrower maintains the property in such a way that the lender's investment is protected.
B) lender pays the property taxes.
C) lender is responsible for purchasing mortgage insurance.
D) borrower makes a down payment of at least 50 percent of the purchase price.

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