In what two ways was a traditional mortgage different from an FHA mortgage?
A. A traditional mortgage avoided a large balloon payment at the end.
B. A traditional mortgage required a significantly higher down payment.
C. A traditional mortgage qualified people based on their ability to repay.
D. A traditional mortgage allowed buyers to borrow up to 90% of the home's value.
E. A traditional mortgage had a much longer repayment period-usually 30 years.
OF. A traditional mortgage set quality construction standards that homes had to meet.



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