Answer:
Package mortgage
Step-by-step explanation:
From the question were are informed about A very important person who bought a home at Lake Geneva, WI. He purchased a home and in the mortgage he also included the boat, boat dock, and boat house. In this case, the type of mortgage that this important person have is Package mortgage. A package mortgage can be regarded as a type of mortgage which is loan that is used in financing real property as well as personal property. For instance, if one purchase a restaurant, package mortgage can be be used.