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Lindsay's Home Loan
Lindsay recently purchased a home. Like most people,
she did not have the funds to pay cash, so she took out a
loan. Lindsay used the property she was purchasing to
guarantee the loan. She also had to pay a portion of it in
advance.
Lindsay took out a(n)
her new home.
English
to purchase
in the form of the property to
She used
back the loan.
Lindsay also paid money in advance. This is known as
a(n)
If Lindsay does not make her loan payments on time,
the bank will most likely
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