Question: Question 2 4 ( 1 6 points ) What is the primary difference between a commercial real estate loan and an owner - occupied residential

Question 24(16 points)
What is the primary difference between a commercial real estate loan and an owner-occupied residential mortgage?
Question 24 options:
Commercial loans are usually for longer terms than residential loans.
Residential loans require higher down payments.
Commercial loans are typically secured by the income potential of the property.
Commercial loans do not require credit checks.

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