When thinking about a mortgage, it is easy to get overwhelmed with the plethora of loan choices. From fixed-rate and adjustable-rate loans, to reverse mortgage loans and cash-out refinancing, it is best to do your research and weigh the advantages and disadvantages of each choice. Once you are armed with this information, you are better equipped to find the correct loan for you and your particular situation.
In this section, we will cover the basics of:
- Fixed-Rate Loans
- Adjustable-Rate Loans
- Interest Only Loans
- Reverse Mortgage Loans
- Home Equity Loans
- Home Equity Line of Credit
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