header bg

Scan QR code or get instant email to install app


A mortgage which provides for securing the amount of the initial loan together with any sums later loaned to the mortgagor is known as a (n) ____

A open-ended mortgage.

An open-ended loan is one that allows for future advanced monies as part of the original commitment, such as a home equity line of credit (HELOC).

Related Information


Leave a Reply

Your email address will not be published. Required fields are marked *