FAQs – Home Loan Mortgages
What types of mortgages are available? Common types include fixed-rate mortgages, adjustable-rate mortgages (ARMs), FHA loans, VA loans, and jumbo loans. Each type has its own features and benefits. What is the difference between a fixed-rate and adjustable-rate mortgage? A fixed-rate mortgage has a consistent interest rate and monthly payment for the entire loan term. …