Question

Which type of financing would least likely create a need for a cash down payment from a borrower?

Answer 1

The type of financing that would least likely require a cash down payment from a borrower is a subprime loan.

Step-by-step explanation:

The type of financing that would least likely create a need for a cash down payment from a borrower is a subprime loan. Subprime loans are loans that have characteristics like low or zero down-payment. They are often offered to borrowers with less creditworthy profiles, who may not have the financial means to make a cash down payment. These loans typically carry higher interest rates and may have more flexible lending criteria compared to traditional loans.