Henri and Lila, both 55 years of age, are considering purchasing a home near their restaurant. But depending on how their restaurant business goes, they may stay in their home either 3 years and move to a larger home, or stay in the home 1015 years and then move, or in fact retire in this same home. They have been presented by the lender with the option of either an ARM, a convertible loan, or a fixed rate loan. Please explain the advantages and disadvantages of each of these loan options to Henri and Lila depending on how long they stay in their home. Then determine which are the most financially viable financing options and explain why.

Checklist:

• Explain the advantages and disadvantages of each based on how long the clients stay in their home:
• An ARM
• A convertible loan
• A fixed rate loan
• Then determine which are the most financially viable financing options and explain why.

Respond in a minimum length of 10 PowerPoint slides in APA format and include appropriate notes below each slide. Add a title and references slide for a total of 12 minimum slides. Submit your Assignment to the Dropbox before the end of this unit.