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Business, 24.07.2020 06:01 kendrabrown41

The purpose of using PITI to structure payments in a mortgage is to A. allow the borrower to obtain actual cash from the equity built up in the property. B. allow the lender to participate in any earnings, income, or profits generated. C. ensure that enough funds are collected to cover taxes and insurance premiums. D. include the financing of personal property, such as appliances or furnishing.

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The purpose of using PITI to structure payments in a mortgage is to A. allow the borrower to obtain...
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