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?

Who of the following people would obtain
a conforming mortgage?

Person building a home
Person buying a home for $529,000
Person buying a home for $259,000
Veteran buying a home for $447,000

Correct - Your answer is correct.

Wrong - Your answer is wrong.

Detailed Answer

(C)
Choice (A)
would get a conventional mortgage. Choices
(B) and (D) would need nonconforming
mortgages.

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