cru exam 1 Generally speaking, mortgages made to borrowers that intend to make a property their primary residence represent a ________ risk compared to loans made to borrowers that intend to use a property as a second home.

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24-05-2022
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cru exam 1 Generally speaking, mortgages made to borrowers that intend to make a property their primary residence represent a ________ risk compared to loans made to borrowers that intend to use a property as a second home.

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Tundexi Tundexi · Answer 1 · 2022-06-06T19:49:43+02:00

The mortgages made to borrowers that intend to make a property their primary residence represent a low risk compared to loans made to borrowers that intend to use a property as a second home.

What is a low risk?

In an investment, this refers to a mortgage that is likely to be successful or unlikely to be connected with danger or problems.

Hence, one that intend to make a property their primary residence represent a low risk compared to one intend to use a property as a second home.