Select the term associated with mortgage loans that corresponds to each of the given descriptions. (Note: These are not necessarily complete definitions, but there is only one possible answer for each description.) Adjustable rate mortgage Description Biweekly mortgage This mortgage uses 26, rather than 12, payments per year to reduce the total amount of interest paid Conventional mortgage over the life of the loan and accelerate the repayment of the mortgage loan's principal-compared to an Convertible ARM otherwise identical fixed-rate mortgage. FHA mortgage insurance This mortgage is characterized by an interest rate and monthly payments that can be adjusted over the Fixed-rate mortgage life of the loan based on movements in market interest rates. Graduated-payment mortgage This type of mortgage typically requires a down payment of 20% of the value of the mortgaged Interest-only mortgage property. Two-step ARM Over the life of this mortgage, the interest rate and the monthly payment are fixed. VA loan guarantee This mortgage allows borrowers to make smallerbut gradually and constantly increasingpayments for the first three to five years. At the end of this period, the payments then stabilize at the higher level and are repaid over the remaining life of the loan