Who is the mortgagor in a mortgage transaction?
A) The borrower
B) The lender
C) The seller of the property
D) The party who arranges the loan for the lender
E) The party who forecloses a piece of property
A
Business
You might also like to view...
When lenders use the term "debt-income ratio," they are referring to:
A: A requirement of the federal government; B: A loan qualifying tool; C: A formula used in appraising the property; D: Part of the closing costs.
Business
Ideal ________ would exist if users could fix the product themselves with little cost in money or time
A) durability B) reliability C) style D) design E) reparability
Business