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Which of the Following Is True of Governmental Mortgage Insurance

Question 17

Multiple Choice

Which of the following is true of governmental mortgage insurance? ​


A) The insurance lasts for two years after the mortgage period.
B) The Federal Housing Administration charges a higher rate of interest than a conventional mortgage.
C) The U.S. Department of Veterans Affairs offers mortgages for the general public.
D) The U.S. Department of Veterans Affairs offers lesser interest rates for those who served in active duty in the armed forces.

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