rogers
 
Reply Wed 18 Jun, 2014 11:11 pm
How can I know which mortgage is suitable for me?
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Type: Question • Score: 2 • Views: 730 • Replies: 5
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DeborahMilam
 
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Reply Sat 21 Jun, 2014 12:16 am
If you are trying to get a mortgage, doesn't matter whatever it is purchase-money mortgage or a refinance, it will always absolutely paramount to know that which loan type to pick. The answer is there is two main choices of mortgage, Fixed or adjustable. It depends upon your own unique financial position, which plan you are going to select. If you want to play safe then fixed type is best for you.
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BonnieArteaga
 
  1  
Reply Tue 7 Oct, 2014 02:14 am
@rogers,
There are few types of mortgage such as Fixed rate mortgages, Adjustable rate mortgages which includes some sub mortgages part, balloon mortgages.
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Glennjacobs
 
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Reply Tue 18 Nov, 2014 04:21 am
Home buyers intending to take the mortgage loan will find three basic types of loans:
Fixed-interest mortgage
Adjustable-rate mortgage
Interest-only loan.
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BonnieArteaga
 
  1  
Reply Thu 20 Nov, 2014 01:07 am
It is important to select the right mortgage because it is a long term financial commitment and a legally binding contract. You need to understand e various types of mortgage. Select mortgage, according to fixed year as 30, 15 , 10 or you can also select ARM's.
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RonaldHarris
 
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Reply Thu 20 Nov, 2014 06:31 am
Types of mortgage for home buyers are listed below:
USDA / RHS Loans
VA Loans
FHA Loans
Adjustable-rate mortgage
Interest-only loan
Fixed-interest mortgage
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