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A mortgage design that is created for senior homeowners who want to convert their home equity into cash is the A. reverse annuity mortgage. B.
A mortgage design that is created for senior homeowners who want to convert their home equity into cash is the
A. | reverse annuity mortgage. | |
B. | traditional mortgage. | |
C. | graduated payment mortgage. | |
D. | growing-equity mortgage. | |
E. | convertible mortgage. |
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