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Which Term Means Pertaining to One Side

question 96

Multiple Choice

Which term means pertaining to one side?


Definitions:

Mortgage Loan

A loan secured by real property through the use of a mortgage note, used by purchasers of real property to raise funds to buy real estate.

Interest

Interest refers to the cost of borrowing money, usually expressed as a percentage of the principal loan amount, or the income earned from investment.

Mortgage

A type of loan specifically used to purchase real estate, in which the property itself is used as collateral against the debt.

Lender's Investment

The amount of money lent by a creditor to a borrower, expecting a return on the investment often through interest or profits.

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