Types Of Home Loans

Types Of Home Loans

Types Of Home Loans

If you are in the market for a new home, it’s important that you know what type of loans are available to you.  Whether you have perfect credit, a few financial blemishes or are just starting out in life and want to own a home, understanding your options will prove to be invaluable during your house hunting excursion.

Fixed Rate Mortgage

A fixed rate mortgage is one of the most popular home loans and is commonly available as a 15 or 30 year term.  Because it offers the borrower an assurance that both the principal and interest will remain the same throughout the term of the loan, a fixed rate mortgage is idea ...

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