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MRT 2 · Mortgage Loan Payoff
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Mortgage Loan Payoff
The redemption process, the DS1 form, and what equity of redemption means.
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Key points
Question 3
Which term matches: "sale of property; end of mortgage term; switching lender; death and insurance pays out; inheritance; equity release"
Question 4
What does "Equity of redemption" mean?
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What the exam tests
The redemption process, the DS1 form, and what equity of redemption means.
Question 6
True or false?
The redemption process, the DS1 form, and what equity of redemption means