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A mortgage can best be defined as? a A state loan designated to qualified applicants for personal use. b A loan offered by competitive banks to prospective home owners. c A private loan provided by credit
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A mortgage can best be defined as?

a
A state loan designated to qualified applicants for personal use.
b
A loan offered by competitive banks to prospective home owners.
c
A private loan provided by credit unions for health related expenses.
d
A federal loan disbursed by the government to assist senior citizens.

User Bart Van Heukelom
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1 Answer

4 votes

Answer:

B. A loan offered by competitive banks to prospective home owners.

User The Heist
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