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The Mortgage Quiz

Money quizzes are rare so I decided to make one. Enjoy!!! 8 Questions.

 
Created by:
ozziboy
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1
Question 1 Photo

What country did the word 'mortgage' come from?

  • France
  • Germany
  • Turkey
  • Norway

2
Question 2 Photo

What did 'mortgage' originally mean?

  • Pay or die
  • Death penalty
  • Death pledge
  • No paying, no life

3

What word does not mean the same as mortgage?

  • Debt
  • Lease
  • Pledge
  • Contract

4
Question 4 Photo

What does APR stand for?

Type in the correct answer

5
Question 5 Photo

Are mortgage rates stable or is it unstable at any time of the year?

  • Easter
  • Unstable at all times of the entire year
  • Christmas
  • Halloween

6

Which of these classifications are not those of a mortgage loan?

  • Lite documentation
  • Business bank statements
  • Semi-documentation
  • No documentation

7

What year did investors begin to file major lawsuits against trust creators?

  • 1971
  • 1999
  • 2002
  • 2009

8

In the US, who owns most mortgages?

  • Trusts
  • Mortgagers
  • Pledgers
  • Titlers

 

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