The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change.
This loan is fully amortized over a 15-year period and features constant monthly payments.
Unlike fixed rate mortgages that have an interest rate that remains the same for the life of the loan, the interest rate on an ARM will change periodically.
An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA).
A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA).
A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac.
Use the equity from your home for debt consolidation, home improvements, medical bills, or higher education.
The United States Department of Agriculture (USDA) gives out a variety of loans to help low- or moderate-income people buy, repair or renovate a home in a rural area.
A reverse mortgage is a loan for seniors age 62 and older.
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