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The SAFE Act defines a nontraditional mortgage as all of the following except:

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The SAFE Act defines a nontraditional mortgage as all of the following except:

A.

A 30-year fixed rate mortgage with a 25% down payment.

B.

A payment option ARM with a down payment of 5%.

C.

15-year mortgage with an interest rate of 10%.

D.

An interest-only mortgage.

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