A loan used to purchase a home is usually known as what? A. a life loan B. a mortgage C. a direct loan D. a renters home

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asked Jun 12, 2019 111k views

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Gravyface · Answer 1 · 2019-06-17T04:44:56+0000

A loan used to purchase a home is known as B. a mortgage. A mortgage is what is paid each month on a house loan. Most mortages are over a 30 year period and after the 30 years, the home loan is paid off.

A loan used to purchase a home is usually known as what? A. a life loan B. a mortgage C. a direct loan D. a renters home

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