Finance
A participation mortgage allows the lender to:
ARequire two co-borrowers on every loan
BShare in the property's income or appreciation in addition to receiving interest payments✓ Correct
CParticipate in the appraisal process
DSet the commission rate for the transaction
Explanation
A participation mortgage gives the lender a share of the property's income and/or appreciation in addition to regular interest payments, often in exchange for a lower interest rate.
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