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      Question

      ┬а Which of the following types of loans are used by

      the customers to finance their houses?
      A Credit Card Loans Correct Answer Incorrect Answer
      B Auto loans Correct Answer Incorrect Answer
      C Business Loans Correct Answer Incorrect Answer
      D Mortgage Loans Correct Answer Incorrect Answer
      E Land loans Correct Answer Incorrect Answer

      Solution

      Home loans are sanctioned against mortgaging the property in favor of the bank and they are called mortgage loans.

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