If you have an interest rate subsidy from a home builder or real estate developer, you have a(n):
Understand the Problem
The question is asking what type of financial arrangement or mortgage option is associated with receiving an interest rate subsidy from a home builder or real estate developer. It is likely looking for a specific term that describes this arrangement.
Answer
Buy-down.
The final answer is buy-down.
Answer for screen readers
The final answer is buy-down.
More Information
A 'buy-down' is a financing method where the home seller or builder reduces the interest rate on the buyer's loan for a certain period.
Tips
Confusing 'buy-down' with other mortgage options like ARM or interest-only loans could lead to the wrong choice.
Sources
AI-generated content may contain errors. Please verify critical information