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Choose the correct statement about Mortgage loan: a. It has high risk because it allows the creditor to take the property in the event that
Choose the correct statement about Mortgage loan:
a. It has high risk because it allows the creditor to take the property in the event that the debt is not properly repaid
b. All of these
c. The financial institution is not given a lien on the title to the house until the mortgage is paid off in full
d. The loaned amount is used to purchase the property
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