what do borrowers use to secure a mortgage loan? check all that apply. a credit card a down payment a house…

what do borrowers use to secure a mortgage loan? check all that apply. a credit card a down payment a house land a vehicle

what do borrowers use to secure a mortgage loan? check all that apply. a credit card a down payment a house land a vehicle

Answer

Brief Explanations:

A mortgage loan is secured by the property being purchased. A down - payment is part of the borrower's investment in the property and also secures the loan. The house or land being bought serves as collateral. A credit card is not used to secure a mortgage, and a vehicle is not related to mortgage collateral.

Answer:

B. a down payment C. a house D. land