|5/1 Jumbo I/O||3.375||3.212|
|*Rates are subject to change without notice.|
Different Types of Mortgage Loans
There are a large number of loan types available in the mortgage market, and lenders are constantly coming up with new options to attract new homeowners. Choosing the right type of home loan is crucial for you as a borrower, so make sure you fully understand it before making any kind of commitment.
Finding the right mortgage that will best fit your needs and budget as well as provide you with the best terms can often be confusing. There are so many types of mortgage loans, each with its own interest rate, fees and flexibility. All these things affect how much the loan costs you and when it will be paid off.
What are the different types of mortgage loans available to home buyers, and which one suits me the most?
This is one of the most common questions we receive. This section of our website offers some basic but very important information about the types of loans available. Follow the links provided on the left. And be sure to contact us if you have any questions or queries!