Exam (elaborations)
PSI Real Estate Exam: Financing 74 Questions with 100% Correct Answers | Verified
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Acceleration Clause - ️️A contract clause that gives the lender the right to declare the entire loan amount due immediately because of borrower's default, or other reasons as stated in the contract. Adjustable-Rate (ARM) Mortgage - ️️A mortgage that permits the lender to periodically adj...
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