Distinguish between the two types of balloon mortgages

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1. Distinguish between the two types of balloon mortgages.

2. What is the difference between a permanent and temporary buydown mortgage?

3. Discuss the advantages and disadvantages found in shorter-term mortgage loans.

4. What is a home equity line of credit?

5. Describe the FHA/HUD reverse mortgage program.

Reference no: EM131289035

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