There are as many types of mortgages to choose from as there are types of houses to buy. In this article from Bankrate.com, you'll learn how to choose the mortgage that is right for you -- and what kind of lender to get it from.
There's a lot to learn, since there are all kinds of ways to finance your home. The article covers fixed-rate and adjustable-rate mortgages, as well as subprime mortgages for those who have credit problems. It also explains the less-well-known kinds -- jumbo, balloon and others. Finally, it discusses the different types of lends and tells you which ones are the best choices in different financial situations.
Read the entire article here.
Sunday, June 8, 2008
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