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A residential mortgage of $1,000,000 would be considered a ________ in the average city. Group of answer choices nonconforming jumbo loan conforming jumbo loan conforming

A residential mortgage of $1,000,000 would be considered a ________ in the average city.

Group of answer choices

nonconforming jumbo loan

conforming jumbo loan

conforming subprime loan

nonconforming subprime loan

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