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A contract designed to use the equity in a home
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https://www.devrycourses.com/product/devry-fin-364-week-7-homework-latest/

1.1.Question : (TCO 8) A contract designed to use the equity in a home for retirement income without any required payments is called a(n) _.
rollover mortgage
reverse annuity mortgage
adjustable-rate mortgage
home equity loan
Question 2. Question : (TCO 8) State and local governments make mortgage loans at below-market rates of interest because
they want to compete with the thrifts.
they want to help local thrift institutions.
Tags: DEVRY FIN 364 WEEK 7, DEVRY FIN 364 WEEK 7 HOMEWORK LATEST
Source: https://www.devrycourses.com/product/devry-fin-364-week-7-homework-latest/
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Flashcard info:
Author: CoboCards-User
Main topic: Education
Topic: Education
School / Univ.: devry university
City: UK
Published: 12.02.2020

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