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A loan given to people who are purchasing real estate is called a a______. amortization loan B. real estate loan C. house loan D. mortgage

User Inrego
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2 Answers

5 votes

Answer:

D. mortgage

Explanation:

-Amortization loan is a loan in which the payments are applied to the principal and the interests.

-Real estate loan is a loan that people use to buy real estate.

-House loan refers to a loan people use to buy a home.

-Mortgage is a type of loan that financial institutions provide for people to buy a property.

According to this, the answer is mortgage.

User Justin Dalrymple
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3 votes

Answer:

Option D. mortgage

Explanation:

A loan given to people who are purchasing real estate is called mortgage.

User Eugene Obrezkov
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