The disclosure requirements of RESPA would apply to which of the following loans?

a. A loan to purchase 75 acres of land
b. A farm loan
c. A loan to purchase a property that includes a gas station and convenience store
d. A loan to purchase a duplex and rehabilitate it into a single-family dwelling

Ans: d. A loan to purchase a duplex and rehabilitate it into a single-family dwelling

Business

You might also like to view...

Ongoing studies are made available to many clients for a fee by _____

a. commercial research houses b. the U.S. government (federal) c. channel members d. the Business Periodicals Index

Business

Risk can be assessed by means of scenario analysis and probability distributions

Indicate whether the statement is true or false

Business