an FHA mortgage. a buy-down. a home equity loan. a shared appreciation mortgage. a fixed-rate mortgage.
Question 17. 17.( TCO 3) When one observes negative amortization, this means that there( Points: 1)
is a lower amount owed on the mortgage. is a lower down payment. is a lower escrow account. are lower interest rates. is a higher amount owed on the mortgage.
Question 18. 18.( TCO 3) A _____ mortgage is basically a home equity loan.( Points: 1)
shared appreciation second growing equity graduated payment buy-down
Question 19. 19.( TCO 3) You should still contact and use a( n) _____ if you sell your home without the use of a real estate agent.( Points: 1)
broker