Which of the following is true regarding conventional mortgages A They receive more favourable interest rates for the buyer B They are a form of closed mortgage C They require a down payment of at least 25 percent D They require a down payment of at least 20 percent

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Which of the following is true regarding conventional mortgages? A. They receive more favourable interest rates for the buyer. B. They are a form of

Which of the following is true regarding conventional mortgages?

They receive more favourable interest rates for the buyer.

They are a form of closed mortgage.

They require a down payment of at least 25 percent.

They require a down payment of at least 20 percent.

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