Utlimate profits are shared when property is sold or buy-out may be arranged. Usually a high down payment. May call for balloon payment at maturity. This is a loan by the seller of the property who agrees to take the mortgage in order to facilitat the sale. Usually more favorable because of protection afforded lender.
Points are negotiable but usually paid by seller.
Fixed or graduated, depending on FHA options. Properties to be mortgaged must meet FHA requirements. Veteran may not pay points. Fixed, usually 25-30 years. Fixed or graduated, depending on VA options.