Fixed-Rate Mortgages

Fixed-rate mortgages are mortgages where the interest rate stays the same for the entire term of the loan. The advantage to a fixed-rate mortgage is that if you lock a relatively low rate, your payment won’t go up when rates do.

Adjustable-Rate Mortgages

With an adjustable-rate mortgage, the rate of the loan can change throughout the term of the loan. The rate of the loan is based on adding points to a fixed base.

Hybrid Loans

A hybrid loan combines a fixed period along with an adjustable component. Usually, these loans are fixed for a period of time and then the loan becomes adjustable where it is dependent on current rates.

FHA Real Estate Home Loans

An FHA loan is a loan in the United States that is insured by the Federal Housing Administration.

VA Real Estate Home Loans

A VA loan is a loan in the United States guaranteed by the Veterans Administration. The loan may be issued by qualified lenders. The VA was designed to offer long-term financing to American Veterans or to their surviving spouses.