A _____ is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.
Answer
home equity line of credit
revolving line of credit
fixed rate mortgage loan
subprime mortgage loan
A SUBPRIME MORTGAGE LOAN is targeted to borrowers with low credit scores, high debt-to-income ratios or signs of a reduced ability to repay the money they borrow.
Question
Asked 10/26/2013 4:56:44 AM
Updated 1/8/2017 7:54:09 PM
0 Answers/Comments
This answer has been confirmed as correct and helpful.
Confirmed by
yumdrea [1/8/2017 7:54:09 PM]
Rating
There are no new answers.