Exam (elaborations)
PSI Maryland Practice Exam Questions With Correct Answers
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A buyer wants to purchase a home for $160,000 with a 15% down payment. The lender charges 2 points. How much money does the buyer need up front to make the purchase? A. $2,720 B. $24,000 C. $24,408 D. $26,720 - ANS D. $26,720 When a home is purchased using an ARM, the monthly loan p...
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