3 years ago

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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