Question:

A buyer purchased a home for cash 30 years ago. Today the

Last updated: 7/9/2022

A buyer purchased a home for cash 30 years ago. Today the

A buyer purchased a home for cash 30 years ago. Today the buyer receives monthly checks from a mortgage lender that supplement her retirement income. The buyer MOST likely has obtained A) a reverse mortgage. B) an adjustable-rate mortgage. C) a purchase-money mortgage. D) an overriding deed of trust.