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24 November, 19:44

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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  1. 24 November, 20:48
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    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.
  2. 24 November, 20:51
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    b. mortgage
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