List and describe two (2) key similarities between a home equity line of credit and a...
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List and describe two (2) key similarities between a home equity line of credit and a mortgage. List and describe two (2) key differences between a home equity line of credit and a mortgage. Note: consider using a table to show your comparisons. PART (b) 4 marks a. Who determines your credit score? (1 mark) b. List and discuss 3 criteria that are used to determine an individual's credit score. (3 Marks) List and describe two (2) key similarities between a home equity line of credit and a mortgage. List and describe two (2) key differences between a home equity line of credit and a mortgage. Note: consider using a table to show your comparisons. PART (b) 4 marks a. Who determines your credit score? (1 mark) b. List and discuss 3 criteria that are used to determine an individual's credit score. (3 Marks)
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Answer rating: 100% (QA)
Part a Home Equity Line of Credit HELOC vs Mortgage Feature Home Equity Line of Credit HELOC Mortgage Purpose Accessing funds for various purposes ren... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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