Question

What is one of the disadvantages of getting a government-sponsored mortgage? A. Government mortgages involve more up-front fees than conventional mortgages. B. Government mortgages put a limit on the purchase price of a house. C. Government mortgages require the payment of higher taxes. D. Government mortgages allow the government to seize the property for public use.

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Answer 1

Government mortgages put a limit on the purchase price of a house.

Step-by-step explanation:

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Answer 2

B.Government mortgages put a limit on the purchase price of a house

Step-by-step explanation:

One of the drawbacks of government-funded mortgage loans is that they limit the purchase price of the house. The government is responsible for lending and mortgage terms, so you have some control over what you owe. They provide not only control, but also a long-term process of financing state-financed mortgages.