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QUESTION 4 A borrower who meets the traditional lending standard is known as: A. subprime...

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QUESTION 4 A borrower who meets the traditional lending standard is known as: A. subprime borrower B. prime borrower C. unconventional borrower D. low-credit borrower QUESTION 5 A loan insured by a private bank is known as a: A. FHA loan B. VA loan C. conventional loan D. unconventional loan QUESTION 6 A schedule that shows the monthly payments broken down into principal and interest is known as: A. amortization schedule B. fixed-rate schedule C. adjustable-rate schedule D. credit schedule

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