Match the mortgage types with their descriptions. it requires the buyer to make a 20% down payment. a large portion of principal is paid in a single payment at the end of the loan. it has the same interest rate for the life span of the loan. it requires a lower down payment and allows buyers to have a lower credit score. it initially has a fixed rate for three to five years and then adjusts at a predetermined time. it starts with a low interest rate and then adjusts throughout the duration of the loan.

Government insured - it requires the buyer to make a 20% down payment.
Balloon mortgage - a large portion of principal is paid in a single payment at the end of the loan.
Fixed rate - it has the same interest rate for the life span of the loan.
Coventional - it requires a lower down payment and allows buyers to have a lower credit score.
Hybrid - it initially has a fixed rate for three to five years and then adjusts at a predetermined time.
Adjustable - it starts with a low interest rate and then adjusts throughout the duration of the loan.

What are some types of mortages?

There are various types of mortgages to take care of the people of different economic situations.

For instance, government insured mortgages help reduce mortgage rates but require a down payment of 20% of the mortgage and fixed rate mortgages allow for the same payment for the mortgage's life.

Find out more on mortgage types at https://brainly.com/question/15272867.

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