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3 September, 15:09

Loans given to families or individuals to purchase homes are called:

A. demand loans

B. lines of credit

C. mortgage loans

D. construction loans

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Answers (2)
  1. 3 September, 18:29
    0
    Loans given to families or individuals to purchase homes are called mortgage loans, named after J. P. Morgan.

    Answer: Mortgage loans.
  2. 3 September, 18:46
    0
    C, Mortgage loans. Its a loan from the bank to buy, refinance or remodel a home, with home much you ask vs. how much the bank finds the house is worth. you pay it back with intrest over a set amount of years.
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