23
QuizMultiple Choice

Mortgages and Home Ownership — Unit test

Question 23 • Financial Literacy (WMHS) - Semester 1

What best explains the relationship between a borrower’s credit score and a down payment requirement?

Answer
A
Someone with a high credit score may be required to make a higher down payment.
B
Someone with a high credit score may be required to make a lower down payment.
C
Someone with a low credit score may be required to make a lower down payment.
D
Someone with a low credit score may not have to make a down payment.
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