There are many types of real estate financing programs. For instance, there are:
1. Traditional 30 year loans
2. Interest only loans
3. Variable interest rate loans
4. 15 year loans
5. “No Doc” loans.
Please research about these 5 different real estate financing programs, pick one, and discuss with the class how your choice differs from traditional 30 year loans. Be sure to explain the rationale behind the difference, and explain the pros and cons chosen program.
250 word minimum, USE THE ATTACHED REFERENCES to answer the questions, cite in APA.
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