Loan Products

Part 1: There are loan products available to clients that meet almost any real estate investment need. In Chapter 18, you were introduced to many of the products from which borrowers may choose. So fill in the following scenario with the parameters you choose, and then post your scenario for other students to answer. Make sure to answer two other students' scenarios during the week.

Create an original example scenario to test your fellow classmates.

Your client wants to buy ____. The client has ______ to spend, is approximately ____ years old, and is looking for a _______ with ___bedrooms and ____ baths and _____ and ____. The client plans to stay at this __________location for ____ years. What kind of loan would you advise them to get, and why?

Do not give away the correct response to your own scenario but make sure you know the answer!

Part 2: You must also respond with the correct loan product for two of your fellow students' examples.