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what is the primary purpose of a mortgage? purchasing real estate start…

Question

what is the primary purpose of a mortgage?
purchasing real estate
starting a business
funding education
buying vehicles

Explanation:

Brief Explanations

A mortgage is a loan specifically used to finance the purchase of real estate. Starting a business is typically funded by business loans, education by student loans, and vehicles by auto loans. So the primary purpose of a mortgage is purchasing real estate.

Answer:

A. purchasing real estate