When a mortgage lender provides loans to borrowers without sufficient income or a down payment,the lender is said to provide a ________ mortgage.

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Subprime mortgages are those loans provided to borrowers who do not meet the standard criteria for a prime loan due to factors such as low income, poor credit history, or insufficient down payment. These types of loans generally come with higher interest rates and fees to offset the increased risk for the lender. VA and FHA loans have specific eligibility requirements, and prime mortgages are given to borrowers with strong credit and income profiles.

When a Mortgage Lender Provides Loans to Borrowers Without Sufficient