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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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