Question 7 of 10
What is the main difference between balloon mortgage and ARM?
A. ARM require...
Mathematics, 03.03.2021 23:50 2023strackmanaaronma
Question 7 of 10
What is the main difference between balloon mortgage and ARM?
A. ARM requires good credit score at each adjustment.
B. Balloon mortgage has the highest interest rate.
ОООО
C. ARM's initial rate is a variable rate.
D. Balloon mortgage does not adjust each period.
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Answers: 2
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