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Raleigh and Tori are having a custom home built. Their lender has approved a construction loan on the condition that Raliegh and Tori make interest
Raleigh and Tori are having a custom home built. Their lender has approved a construction loan on the condition that Raliegh and Tori make interest only payments to the lender on the outstanding funds that have been advanced. What type of loan did they get approved?
Voucher system
Fixed disbursement
Warrant system
HELOC
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