Train

Mortgage Adviser Test

Types of Borrowers

Who is a 'guarantor' in mortgage terms?

(A) A person who vouches for the borrower's creditworthiness but doesn't contribute to the mortgage payments.

(B) An intermediary between the borrower and the lender.

(C) A person who jointly applies for the mortgage with the primary borrower.

(D) A real estate agent assisting the borrower in finding a property.

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