Iris is looking for a short-term mortgage that will allow her to pay fixed payments at a relatively. 1 answer below »

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Iris is looking for a short-term mortgage that will allow her to pay fixed payments at a relatively. 1 answer below »

Iris is looking for a short-term mortgage that will allow her to pay fixed payments at a relatively low fixed interest rate during the life of the mortgage and one large payment at the end of the term. What kind of mortgage should Iris take? A balloon-payment mortgage A VA mortgage A conventional mortgage A graduated-payment mortgage

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