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Making a down payment reduces the a. desire of a lender to loan money b. creditworthiness of a buyer c. sale price of a house d. loan principle amount
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Making a down payment reduces the

a. desire of a lender to loan money
b. creditworthiness of a buyer
c. sale price of a house
d. loan principle amount

User Elzi
by
8.3k points

1 Answer

3 votes
d. loan principle amount

The loan principle amount is the amount of money borrowed for the loan. Making the down payment 1) proves the creditworthiness and capability of the buyer and 2) the overall amount of money to payback.
User Derekerdmann
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