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Ilya [14]
3 years ago
11

With which type of account is a mortgage payment associated?

History
2 answers:
Valentin [98]3 years ago
6 0

Answer:

  D. Home loan

Explanation:

  A mortgage is a debt instrument used either to purchase real property or to raise funds for any purpose by putting a lien on the property of the owner.

  The mortgage loan is secured through a process called Mortage origination. This means that if the borrower doesn´t pay back the predetermined set of payment the lender could take possession and sell the secured property to pay off the loan.

  In many jurisdictions, it is normal to give a mortgage to those who want to buy a home.

  I hope this answer helps you.

tester [92]3 years ago
4 0
The type of account is a mortgage payment associated with is a HOME LOAN
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