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(03.02 LC)
Which of these might decrease the length of a mortgage loan?
Property taxes
O Insurance
O Amount owed
Collateral

Answer :

Atb123go

Answer:

D.) Collateral

Explanation:

Tbh I'm not confident on this choice, but real estate basically is just a fancy term for property, for those who don't know. A collateral is a piece of property that can be sold by the lender to recover all or part of a loan if the borrower fails to repay. So with that being said, the only logical choice in my opinion would be D, or Collateral.

Gauravsingh23VTgo

Collateral might decrease the length of a mortgage loan. As it minimises the risk for the mortgage loan.

What is mortgage loan?

Mortgage loan is the fund that is provided to the lender against the immovable assets or property, or collateral to the Borrower. The lender used to keep the assets until their loan is repaid by the person.

Thus, option C is correct.

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https://brainly.com/question/15082835

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