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:

Spring Brake Chamber

A component in air brake systems of vehicles that uses spring force to apply the brakes, particularly for parking or emergency purposes.

Braking Force

The force applied by a braking system to slow down or stop a vehicle.

Pneumatic Force

The power or force exerted by compressed air in various mechanical applications.

Standard Deviation

A measure of the dispersion or variability of a set of data points from their mean, often used in finance to quantify the risk of an investment.