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QUESTION 6
What is a mortgage used to purchase?

A. Car
B. Real estate
C. College tuition
D. Business expenses


Sagot :

Final answer:

A mortgage is a loan used to purchase real estate by providing funds to buy a house or property, with the purchased property serving as collateral.


Explanation:

A mortgage is a special type of loan used to purchase real estate. The borrower buys a house or property with the funds provided by the mortgage. Usually, the property serves as collateral for the mortgage.


Learn more about Mortgages here:

https://brainly.com/question/42099960


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