In which mortgage type does the seller provide some or all financing while the title remains with the seller until conditions are met?

The correct answer is the Agreement for Sale. This type of financing arrangement allows the seller to provide some or all of the financing for the buyer. In an Agreement for Sale, the seller retains the title to the property until specific conditions are fulfilled, usually involving the buyer making regular payments over time. This arrangement can be beneficial for buyers who may not qualify for traditional financing and for sellers looking to expedite the sale of their property.

In contrast, a Participating Mortgage typically involves investors or lenders who share in the profits of the property rather than retaining title. A Leasehold Mortgage pertains to properties that are leased rather than owned, where the lender typically has a different structure in place. A Reverse Mortgage is specifically designed for homeowners, usually seniors, allowing them to access the equity in their home without needing to sell, wherein they do retain title to the property.

Understanding the implications of each type of mortgage can help buyers and sellers navigate their options effectively.