What do borrowers use to secure a mortgage loan? Check all that apply.

a credit card

b down payment

c house

d land

e vehicle

Question

History

Fiona Johnston

3 February, 01:59

What do borrowers use to secure a mortgage loan? Check all that apply.

a credit card

b down payment

c house

d land

e vehicle

+1

Answers (2)

Know the Answer?

Reese Richards · Answer 1

if i am not mistaken, borrowers use A (credit card) and B (down payment) when securing a mortgage loan.

Brenda Hull · Answer 2

The correct answer is A) credit card and B) down payment.

What borrowers use to secure a mortgage loan are credit card and down payment.

To get your mortgage approved you need to check your credit score first so you are sure that everything is in order. Be aware that when you apply for a mortgage loan you have to make a down payment. So you need to save and have enough cash available. The amount of money of the down payment depends on the type of loan and the credit institution.

What do borrowers use to secure a mortgage loan? Check all that apply.a credit cardb down paymentc housed lande vehicle

What do borrowers use to secure a mortgage loan? Check all that apply.

a credit card

b down payment

c house

d land

e vehicle