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What is a mortgage? A.A type of rent used to pay for housing B.A type of loan used to buy property C.A measure of the value of a home D.A measure of your credit rating

What is a mortgage? A.A type of rent used to pay for housing B.A type of loan used to buy property C.A measure of the value of a home D.A measure of your credit rating
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4 votes
What is a mortgage?

A.A type of rent used to pay for housing
B.A type of loan used to buy property
C.A measure of the value of a home
D.A measure of your credit rating

asked
User Dinesh Bolkensteyn
by
8.0k points

2 Answers

4 votes
B would be the answer to this
answered
User Ed Norris
by
8.0k points
5 votes

The real answer would be B!

You use mortgages to buy a property (mostly a house) and it is used as a loan which you have to pay back over time.

answered
User Fiach Reid
by
7.8k points
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