Question
Which of the following allows individuals to borrow against their home’s value to finance major expenses?
Mortgage loan
Home equity loan
Refinancing loan
Restructuring loan
Mortgage loan
Home equity loan
Refinancing loan
Restructuring loan
Answers
GPT 3.5
Home equity loan
Related Questions
Mr. X wants a fridge that cost 12000.He has arrange to borrow to borrow the total purchase price fr...
Chapter 1: The Foundation of Personal Finance
1.1 Setting Financial Goals: Defining your aspiration...
When applying for a loan, what should you do?(1 point)
Responses
You should borrow from an insti...
Expenses
❖ The operating expenses for the year were R1 114 000 and included the following:
R
Fina...