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A person who wants to buy a new house is most likely to apply for which type of loan?

A. Cash advance
B. Mortgage
C. Student loan
D. Credit card

Sagot :

GinnyAnsweridn

Final answer:

A person looking to buy a house would typically apply for a mortgage loan.


Explanation:

A person who wants to buy a new house is most likely to apply for a mortgage loan. A mortgage is a special type of loan in which the borrower purchases a house with the borrowed funds, where the property usually serves as collateral for the loan.


Learn more about Mortgage Loans here:

https://brainly.com/question/34763350


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