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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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
