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Question

In obtaining a home loan , which of the following might be considered as collateral?

A
Original sale deed of the property
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B
Documents to indicate the borrower's bank deposits
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C
Other assets owned by the borrower
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D
All of the above
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Solution

The correct option is C All of the above
The following securities might be considered as collateral:
  1. Original sale deed of the property.
  2. Documents to indicate the borrower's banks deposits.
  3. Other assets owned by the borrower.

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