Which of the Following Types of Loans Are Made Only

question 5

Multiple Choice

Which of the following types of loans are made only to individuals who are intending to occupy the property as a personal residence?

• A) VA
• B) conventional
• C) purchase money
• D) jumbo

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Definitions:

Illicit Drug

A substance whose production, sale, or use is prohibited by law.

Marijuana

Marijuana, also known as cannabis, is a psychoactive drug from the Cannabis plant used for medical or recreational purposes.

Amphetamines

A class of stimulant drugs that affect the central nervous system, commonly used to treat ADHD and narcolepsy, but also prone to abuse.

Toxic Psychosis

Hallucinations, delirium, and paranoia caused by repeated high doses of amphetamines.