Business, 24.06.2020 21:01 nativebabydoll35
A developer received a loan that covers five parcels of real estate and provides for the release of the mortgage lien on each parcel when certain payments are made on the loan. This type of loan arrangement is called:
a. a purchase money loan.
b. blanket loan.
c. package loan.
d. wraparound loan.
Answers: 2
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A developer received a loan that covers five parcels of real estate and provides for the release of...
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