Law, 13.07.2021 15:10 TrueKing184
An acceleration clause is sometimes added to reverse mortgages. This means that the loan could become due and payable under certain circumstances, which may include all but which of the following?
A. A new owner is added to the title
B. The borrower adds MIP to the loan
C. New debt against the home is taken out
D. All or part of the home is rented out
Answers: 2
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An acceleration clause is sometimes added to reverse mortgages. This means that the loan could becom...
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