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a loan used to purchase a home is usually known as what? A. a life loan B. a mortgage C. a direct loan D. a renters home
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a loan used to purchase a home is usually known as what? A. a life loan B. a mortgage C. a direct loan D. a renters home

User Celaeno
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Answer:

b. mortgage

Step-by-step explanation:

User Mentinet
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A loan used to purchase a home is known as B. a mortgage. A mortgage is what is paid each month on a house loan. Most mortages are over a 30 year period and after the 30 years, the home loan is paid off.

User Gravyface
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