Multiple Choice
Which of the following is a feature of a home equity loan?
A) The interest rate on a home equity loan is higher than that on other loans.
B) The interest paid on a home equity loan is tax deductible.
C) A home equity loan is generally the first mortgage loan.
D) A home equity loan is a single-payment loan.
E) A home equity loan is an unsecured loan.
Correct Answer:
Verified
Correct Answer:
Verified
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