Residential mortgage loans are nonrecourse loans for the purchase of income-producing properties, the major ones being apartment buildings, office buildings, industrial properties, shopping centers, hotels, and health care facilities.

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Residential mortgage loans are recourse loans for the purchase of a personal residence. Commercial mortgage loans are nonrecourse loans for the purchase of income-producing properties, which include apartment buildings, office buildings, industrial properties, shopping centers, hotels, and health care facilities.

Residential Mortgage Loans Are Nonrecourse Loans for the Purchase of Income-Producing