Multiple Choice
Jane and Smith are considering the purchase of a home in downtown Minneapolis. They approached Larson's Mortgagers Inc. to arrange for the financing needed for their home. This process of arranging with a mortgage lender in advance of buying a home is called:
A) a foreclosure.
B) a contingency auction.
C) prequalification.
D) a real estate short sale.
E) diversification.
Correct Answer:
Verified
Correct Answer:
Verified
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