The least expensive option to pay off a 30-year mortgage balance would be
A) convertible term life
B) decreasing term life
C) adjustable term life
D) increasing term life
Answer: B) decreasing term life
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The __________ requires lenders to compile and submit their home loan origination data to their respective supervisory agencies.
a. Equal Credit Opportunity Act b. Home Mortgage Disclosure Act (HMDA) c. Home Affordable Modification Plan (HAMP) d. Federal Fair Housing Act (FFHA)
If a brand is developing an offering with multiple frames of reference, which of the following is NOT advisable?
A) create a combined positioning that addresses all competitors B) prioritize competitors C) choose the most important set of competitors to serve as the competitive frame D) adopt lowest common denominator positioning E) develop the best possible positioning for each type or class of competitors