AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 138 Topic 14 Discussion

AAFM Chartered Wealth Manager (CWM) Certification Level II Examination CWM_LEVEL_2 Question # 138 Topic 14 Discussion

CWM_LEVEL_2 Exam Topic 14 Question 138 Discussion:
Question #: 138
Topic #: 14

Section A (1 Mark)

_____________ is the transfer of the balance of an existing home loan that you availed at a higher rate of interest (ROI) to either the same HFC or another HFC at the current ROI a lower rate of interest.


A.

Refinance Loans


B.

Balance Transfer Loans


C.

Home Conversion Loans


D.

Home Extension Loans


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