Finance
A West Virginia seller who takes back a purchase money mortgage (seller financing) is acting as:
AThe guarantor for a bank loan
BThe lender, providing financing directly to the buyer✓ Correct
CA co-borrower on the buyer's loan
DA mortgage broker facilitating third-party financing
Explanation
When a West Virginia seller provides purchase money financing, the seller becomes the lender. The buyer makes payments directly to the seller, who holds a lien on the property as security, documented as a deed of trust or mortgage.
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