It is very important to understand that Mortgages have three elements:

  1. Loan Type
  2. Rate Type and
  3. The Term

Once you are aware of how all these elements work together, you can make the best choice of the right loan option in accordance with your financing.

The Term

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  • Benefits of Longer Terms
  • Benefits of Shorter Terms

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Rate Type

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  • Fixed Mortgage Rate
  • Adjustable Mortgage Rate

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Loan Type

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  • FHA loans
  • Conventional Loans
  • VA loans
  • Jumbo Loans

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