Question

Drag each tile to the correct box.


Match each type of mortgage with the sentence that describes it.


fixed-rate

adjustable-rate

conventional

government-insured


The borrower is typically required

to make a down payment of 20%

of the home price._________


The borrower is usually required to

make a down payment that is lower

than 5%.________

The borrower makes the same

monthly payment for the entire

loan period._________


The borrower’s monthly payment

may increase or decrease.__________





^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^will give more points if your right

Answer 1

Answer:

Explanation:

fixed-rate-The borrower makes the same  monthly payment for the entire  loan period.

adjustable-rate- The borrower’s monthly payment  may increase or decrease.

government-insured- The borrower is typically required  to make a down payment of 20%  of the home price._

conventional- The borrower is usually required to

make a down payment that is lower  than 5%.