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Posted on Sep 19, 2024

A convertibility option on a mortgage allows a borrower to do what a) Pay off their home without paying a penalty b) Change the mortgage

A convertibility option on a mortgage allows a borrower to do what

a) Pay off their home without paying a penalty

b) Change the mortgage from a variable rate to a fixed rate

c) Conver their mortgage from a closed to an open mortgage

d) Change their amortization period

e) Change how often they make payments

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