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Mortgage Markets MCQs – Practice Test 1 PDF Download

MCQ 1: The commercial mortgages, farm mortgages and home mortgages are categories of:

  1. swapped mortgages
  2. sovereign mortgages
  3. secondary mortgages
  4. primary mortgagees

MCQ 2: The primary mortgages involve:

  1. three institutions
  2. single investor
  3. multiple investor
  4. multiple institutions

MCQ 3: The ownership of mortgaged property will be transferred to financial institution if the:

  1. borrower defaults
  2. borrower does not default
  3. borrower want less rate
  4. borrower want profit

MCQ 4: The loan which is made available for businesses or individuals to buy land, home or other property is classified as:

  1. secondary loan
  2. primary loan
  3. mortgages
  4. swapped mortgages

MCQ 5: The mortgages used to purchase the townhouses and apartment complexes are classified as:

  1. multi mortgage
  2. multifamily dwelling mortgages
  3. sovereign dwelling mortgages
  4. primary dwelling mortgages

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