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If you are financing the purchase of a home and using the property as collateral, which document will be created? The loan agreement that describes

"If you are financing the purchase of a home and using the property as collateral, which document will be created?"

The loan agreement that describes the terms and conditions of the loan and is signed by both parties.

A mortgage deed on the property.

A promissory note signed by Buyer promising to pay the mortgage amount to the lender.

All of the above

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