American_Bankers_Association
CTFA · Question #211
One of the components of monthly mortgage insurance is homeowner's insurance. Its cost varies with factor/s as:
The correct answer is A. Age of the house B. Location C. Material used in construction. See the full explanation below for the reasoning.
Investment Management
Question
One of the components of monthly mortgage insurance is homeowner's insurance. Its cost varies with factor/s as:
Options
- AAge of the house
- BLocation
- CMaterial used in construction
- DA and B Only
How the community answered
(30 responses)- A77% (23)
- D23% (7)
Topics
#homeowner's insurance#mortgage insurance components#insurance cost factors#real estate
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