Which type of Mortgage best fits my needs?
When reviewing mortgage options, here are some key factors to consider: the type of loan, the type of interest rate and the loan term. Let's find out what makes sense for you.
While conventional loans are the most common mortgage type, there are other options to consider.
Government-backed options like Federal Housing Administration (FHA) and Veterans Affairs (VA) loans might make sense if you qualify for them, while a jumbo loan is common if you're shopping for a home in a higher-priced real estate market. Which one is right for you?