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A graduated payment mortgage allows the buyer to ___.

a. have fixed monthly payments c. have low initial payments b. h...

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A graduated payment mortgage allows the buyer to ___.

a.
have fixed monthly payments c.
have low initial payments
b. have a flexible interest rate d.
not have a downpayment

Answer

D. Not have a downpayment.
Due to the nature of the mortgage.

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Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 30 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 288 views.

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