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Which of the following is the correct definition of payment shock? O A. A homeowner has difficulty paying the initial monthly payments
Question
Which of the following is the correct definition of payment shock?
O A. A homeowner has difficulty paying the initial monthly payments
on an ARM.
B. The new payment after the initial fixed-rate period is much higher
than the homeowner expected.
C. A homeowner pays more than required on his or her monthly
mortgage payments.
D. A homeowner is unwilling to make payments.
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Mathematics
3 years
2021-09-04T09:49:29+00:00
2021-09-04T09:49:29+00:00 2 Answers
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Answers ( )
Answer: B
Step-by-step explanation:
a.p.e.x
It’s prolly D. Homosapian is un Willy wanka to give us the stacks