The 5 Main Types of Mortgages: Which Is Best?
For most families, buying a home is one of the biggest purchases they’ll ever make. So, to say you need to have an idea of how the process works and what options are available to you is an understatement. After all, when you buy a home, you will be forced to live with your decisions, so you want to make the best choices possible for you and your family.
Making the best decision matters throughout every state of the home buying process, from choosing which home to buy to choosing what type of mortgage you want to use to finance it. It is this latter point that we will discuss here. There are five primary types of mortgages to pick from. Here’s what to expect from each in terms of their guidelines, so you can do your due diligence and choose the one that best meets your needs. more “Understanding the 5 Primary Types of Mortgages and Which One to Choose”
