Question 7 of 10
What is the main difference between balloon mortgage and ARM?
A. ARM require...
Mathematics, 03.03.2021 23:50 2023strackmanaaronma
Question 7 of 10
What is the main difference between balloon mortgage and ARM?
A. ARM requires good credit score at each adjustment.
B. Balloon mortgage has the highest interest rate.
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C. ARM's initial rate is a variable rate.
D. Balloon mortgage does not adjust each period.
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Answers: 2
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