Exam (elaborations)
Texas Pre-License - Principles Of Real Estate II Exam Questions with Complete Solutions!
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The borrower pays the lender interest in exchange what? - ANSWERSPrincipal With an amortizing loan, mortgage payments are paid how? - ANSWERSMortgage payments are structured to gradually pay off both the principal balance and the interest over the life of the loan. These payments are typically m...
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