Which mortgage is best?
There are several types of mortgage plans available that are appropriate for
different needs. If you are more comfortable with a steady payment, then you will want to
choose a fixed rate loan. You may select the common 30 year fixed rate mortgage. This type
of loan is beneficial if you plan on living in your home for several years.
On the other hand, if you expect to keep the house for only a short period of time or prefer an
adjustable rate mortgage, you will want to investigate other loan options. There are many
mortgage programs available to fit your needs. Consult your real estate professional for more
Which Loan is Better? »