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What must people taking out a mortgage agree to? Check all that apply.

a loan amountplans for repairsan interest raterenovation ideaspayment terms

Respuesta :

takahiro
For the answer to the question above, I think the answers are:
a loan amount,
interest rate and payment terms

First, loan amount based on the purchase price. Then the interest rate is set by a financial institution and it is negotiable if the borrower has the good track record of credit payment
ogorwyne

The factor that all mortgage takers have to agree to are:

  • payment terms
  • a loan amount
  • an interest rate

What is a mortgage?

This can be described as an agreement that is in existence between a person and a lender.

This agreement gives the lender the right to take over a property if the borrower fails to meet with the terms of the mortgage.

Raed more on mortgage here: https://brainly.com/question/1318711

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