Question
Which of the following is NOT true regarding risk and return of a participation loan? Group of answer choices a The return of a participation
Which of the following is NOT true regarding risk and return of a participation loan?
Group of answer choices
a The return of a participation loan is usually more uncertain than that of a conventional mortgage
b The participation payments are tax deductible
c A participation loan usually has a higher interest rate than a conventional loan
d A participation loan may help a borrower to qualify a mortgage loan by lowering the DSCR ratio
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Public Finance and Public Policy
Authors: Jonathan Gruber
5th edition
1464143331, 978-1464143335
