Question 7 of 10
What is the main difference between balloon mortgage and ARM?
A. ARM requires good credit score at each adjustment.
B. Balloon mortgage has the highest interest rate.
ОООО
C. ARM's initial rate is a variable rate.
D. Balloon mortgage does not adjust each period.
SUBMIT

Question

03-03-2021
Mathematics

Answered

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Question 7 of 10
What is the main difference between balloon mortgage and ARM?
A. ARM requires good credit score at each adjustment.
B. Balloon mortgage has the highest interest rate.
ОООО
C. ARM's initial rate is a variable rate.
D. Balloon mortgage does not adjust each period.
SUBMIT

Sagot :

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