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AFE · Question #176
AFE Question #176: Real Exam Question with Answer & Explanation
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Question
A ____________ is a special variation on a second mortgage. In this form, the new lender assumes the original or first mortgage and has the responsibility of collecting all payments and remitting a portion of these payments to the first lender.
Options
- AConventional Residential Loan
- BFHA loan
- CWrap-around loan
- DVA loan
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