Which of the Following Is True of Governmental Mortgage Insurance

question 17

Multiple Choice

Which of the following is true of governmental mortgage insurance? ​

• A)The insurance lasts for two years after the mortgage period.
• B)The Federal Housing Administration charges a higher rate of interest than a conventional mortgage.
• C)The U.S. Department of Veterans Affairs offers mortgages for the general public.
• D)The U.S. Department of Veterans Affairs offers lesser interest rates for those who served in active duty in the armed forces.

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