Finance
Vermont's usury laws establish:
AMinimum down payment requirements for mortgages
BMaximum interest rates that may be charged on certain loans✓ Correct
CThe maximum loan-to-value ratio for commercial mortgages
DMandatory appraisal requirements for all loans
Explanation
Usury laws set maximum allowable interest rates on loans. Vermont's usury statutes limit certain interest rates to protect borrowers from excessive charges.
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