FHA and VA loans differ from most conventional loans insofar as:

a. there are civil penalties for nonpayment of the loan
b. there is a restraint on alienation of title
c. they have no prepayment penalty
d. the buyer must obtain a term life-insurance policy

Answer: c. they have no prepayment penalty

Business

You might also like to view...

FLSA applies to all types of employees across all industries.

Indicate whether the statement is true or false.

View

Business

Discuss whether conducting primary research is preferable to using secondary research sources

What will be an ideal response?

View

Business