Mortgage Survey - 5th pd
Name (optional): 


  1. Mortgage lenders are required to give me the lowest rate available.
    True
    False


  1. No matter what type of mortgage I have, as long as I continue to make monthly mortgage payments, my principal balance will fall every month.
    True
    False


  1. With many types of mortgages, my monthly payment could go up a lot from one month to the next.
    True
    False


  1. If the lender is willing to lend me the money for my dream house, I must be able to afford it!
    True
    False


  1. I can always refinance my mortgage in the future.
    True
    False





Mrs. Faust
CTE Teacher/Dept. Chair
Hendrickson High School
Austin, TX