Business, 05.05.2020 02:48 bobbye001

Match the name of the loan type with the correct description.

1. the most popular mortgage that has a fixed interest rate and a loan period of thirty years
balloon mortgages
2. a loan with an initial fixed interest rate that then becomes variable
government-backed mortgages
3. a short-term loan with low-interest rates; when the term is up, the entire balance of the loan is due
traditional mortgage
4. FHA and VA loans
ARM

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Match the name of the loan type with the correct description.

1. the most popular mortga...

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