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    Exam 13: Types of Financing
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    When Considering a ARM Loan, the Lender Must Explain to the Borrower
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When Considering a ARM Loan, the Lender Must Explain to the Borrower

Question 74

Question 74

Multiple Choice

When considering a ARM loan, the lender must explain to the borrower, in writing, the


A) worst-case scenario.
B) best-case scenario.
C) average-case scenario.
D) respective credit report.

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