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If buyers seek a mortgage on a single-family house, they would be LEAST likely to obtain the mortgage from a

A)life insurance company.
B)mutual savings bank.
C)credit union.
D)commercial bank.

User Vzsg
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Final answer:

Buyers seeking a mortgage for a single-family house are least likely to obtain it from a life insurance company, as they typically focus on other forms of long-term investments.

Step-by-step explanation:

When seeking a mortgage for a single-family house, buyers are least likely to obtain the mortgage from a life insurance company. Banks, savings institutions (also known as savings and loans or thrifts), and credit unions are more traditional sources for housing-related loans. While commercial banks, mutual savings banks, and credit unions are directly involved in issuing mortgages, life insurance companies typically focus on long-term investment assets and do not generally serve as a primary source for individual housing mortgages.

The history of housing finance indicates that savings institutions were once required by federal law to focus the majority of their loans on housing-related assistance, which suggests they have a strong foundation in mortgage lending. While commercial banks and credit unions are also significant lenders in the housing market, they offer a wider variety of financial services alongside mortgage loans. On the other hand, life insurance companies are more inclined to invest in commercial real estate or large-scale residential operations rather than individual single-family home mortgages, making them the least likely source for buyers to obtain such a mortgage.

User Kennyvh
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