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1. All of the following are true of FHA loans, except

A - they are required for mortgages larger than $300,000.

B - it is another name for title insurance.

C - they enable lower and middle income individuals to obtain mortgage financing.

D- they are provided by private lenders but guaranteed by the FHA.

2. By shopping around, a homeowner can probably avoid which of the following fees?

Loan origination fee

Appraisal fee

Title insurance

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Financial Management, Finance

  • Category:- Financial Management
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