Seeing is believing!
Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.
Basic Question 3 of 6
The type of mortgage in which there are no scheduled principal repayments over the entire life of the loan is referred to as a ______.
B. balloon mortgage
C. partially-amortizing mortgage
A. bullet mortgage
B. balloon mortgage
C. partially-amortizing mortgage
User Contributed Comments 0
You need to log in first to add your comment.
Your review questions and global ranking system were so helpful.
Lina
Learning Outcome Statements
describe fundamental features of residential mortgage loans that are securitized
CFA® 2025 Level I Curriculum, Volume 4, Module 19.