Which of the Following Is Not True About Subprime Loans

question 77

Multiple Choice

Which of the following is not true about subprime loans?

• A)They are generally issued at an adjustable rate.
• B)They are made to borrowers who don't qualify for market-set rates.
• C)They charge a higher interest rate than other mortgages.
• D)They are issued at a rate below prime.

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