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What do borrowers use to secure a mortgage loan?

A. Credit Card
B. Down Payment
C. House
D. Land
E. Vehicle

I’m not sure if the answer is A and B, or if C is included too.

Respuesta :

sandlee09

Answer:

A. and B.

Explanation:

mortgage loans are given to individuals by a certified bank against their property. In order to secure this loan the bank requires a down payment from the individual looking for the loan as well as the individual's credit card information. This credit card will be charged the amount that the individual owes the bank on a monthly basis.

DISD107608

Answer:

C,D,and E

Explanation:

For a mortgage to be secure it needs to be backed up by a valuable asset such as your car your house or land.

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