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	Mortgage Basics Tenancy in common.     Loan Programs: 1031 Exchange Financing 125% Loan 1% Loans Auto Loan Adjustable Rate Mortgage (ARM) Assumption Mortgage Bad Credit Loan Bi-Weekly Loan Blanket Loan Boat Loan Business Loan College Loan Condominium Mortgage Conforming Loan Commercial Loan Cash out Loan Debt Consolidation FHA Loan Hard Money Loan Home Equity Loan Home Improvement Loan Interest Only Loan Investment Property Loan Jumbo Loan Land Loan Land Contracts Lease/Option Financing Mobile Home Loan Manufactured Home Loan No Documentation Loans No Cost Refinance Negative Amortization Loan Participation Loan Personal Loan Payday Loan Purchase Loan Refinance Loan Reverse Mortgage Streamline Refinancing Seller Carryback Stated Income Loan Subject To Finance Self Employed Loan Timeshare Loan TownHouse Mortgage VA Loan Wraparound Mortgage 2nd Mortgage 80-10-10 Loan 80-15-5 Loan 80-20 Loan When two or more persons are owners off and undivided interest in property, they can hold title as tenants in common.    Tenancy in common as these characteristics: That is no right of survivorship, meaning that upon the death of a tenant in common, his or her interest passes to heirs, not the surviving tenant. Each owner may hold an unequal interest.