Which of the Following Is Not Associated with Buying a Home

question 160

Multiple Choice

Which of the following is not associated with buying a home with a lower-than-typical down payment?

• A)Adjustable-rate mortgage
• B)Fannie 3/2
• C)Fannie 97
• D)FHA mortgage
• E)VA mortgage

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Definitions:

Volcanic Eruptions

The process where magma, ash, and gases are expelled from a volcano, significantly impacting the surrounding environment.

Back-Arc Basin

A geological formation that occurs on the side of a subduction zone opposite the volcanic arc, where the oceanic crust is spreading and thinning.

Shallowest Seafloor

The part of the ocean floor that is closest to the water's surface, often found near coastlines or on continental shelves.

Oceanic Plateau

Large submarine elevations lying above the abyssal plains of the ocean, created by volcanic activity or large-scale uplift.