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Question 268 - CTFA discussion

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It is a loan that allows a lender or other party to share in the appreciated value when the home is sold.

A.
Shared appreciation mortgage
Answers
A.
Shared appreciation mortgage
B.
Balloon payment mortgage
Answers
B.
Balloon payment mortgage
C.
Adjustable rate mortgage
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C.
Adjustable rate mortgage
D.
Marginal rate mortgage
Answers
D.
Marginal rate mortgage
Suggested answer: A
asked 16/09/2024
Casie Clements
37 questions
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