The face amount of wrap-around mortgage

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Reference no: EM131573170

If there is no loan origination fee and no discount points, the face amount of a wrap-around mortgage ____________________.

a. will exceed the amount of loan funds disbursed

b. will be less than the amount of loan funds disbursed

c. will equal the amount of loan funds disbursed

d. will bear no consistent relationship to the amount disbursed Question

Reference no: EM131573170

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