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Which of the following statements is correct? Group of answer choices A residential mortgage is a secured loan where the house being purchased serves as

Which of the following statements is correct?

Group of answer choices

A residential mortgage is a secured loan where the house being purchased serves as the collateral.

A residential mortgage is a secured loan where the borrower's salary serves as the collateral.

A residential mortgage is an unsecured loan.

All of these are correct.

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