Question
Question 60 (1 point) Savings &Loan Associations specialize in giving loans for this. a. Cars b. College Loans c. Real Estate d. Groceries
Answer
4.3
(312 Votes)
Zachary
Professional · Tutor for 6 years
Answer
c. Real Estate
Explanation
Savings & Loan Associations are a type of financial institution that is chartered and regulated under the National Housing Act of 1934. These kinds of organizations are known for specializing in accepting savings deposits and making mortgage and other loans. They are particularly noted primarily for providing home loans, making "c. Real Estate" their primary domain. Though they may offer various other kinds of loans, it is Real Estate that they are particularly specialized in.