A lease-purchase mortgage is a lease that provides for a sale and closing at a future time when interest rates are lower.

Name: A lease-purchase mortgage is a lease that provides for a sale and closing at a future time when interest rates are lower.
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A lease-purchase mortgage is a type of lease that gives the lessee the option to purchase the property at the end of the lease term. The purchase price is typically set at a future date when interest rates are expected to be lower.

A Lease-Purchase Mortgage Is a Lease That Provides for a Sale