Mortgages - De-Mystifying the
Mortgage Loan Types
Today, the mortgage industry is big business and there
are a lot of lenders competing for your business. To make loans more
convenient there are many types of loan programs out there instead of the old
standard 20% down, 30-year fixed rate mortgage.
However, in introducing so many new loan programs the
mortgage lending industry has also made it very confusing to anyone but a
financial profession to make sense of all that is available.
We have tried to
de-mystify the more popular mortgage loan programs available so that they are more
clear and understandable for everyone.
Follow the links below for the descriptions
of each of the different types of mortgages:
Fixed Rate Loans
Adjustable Rate Loans
VA Loans
FHA Loans
Balloon Loans
Convertible Mortgage Loans
Negative Amortization Loans
Graduated Payment Mortgages
Buy-Down Mortgage
Jumbo Loans
2nd Mortgage Loans
Please visit our sponsor page if you are
interested in learning more about affordable mortgages!
