HOME BUYER'S GUIDE
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.Request a Call
There are two kinds of rates: fixed and adjustable. Fixed rates don't change, which means your monthly payments will stay the same over the life of your loan. Adjustable rate mortgages (ARMs) typically start at a lower rate, but change over time based on financial market conditions.Learn more about fixed and adjustable rates
The term is the length of the loan, typically between 10 and 30 years. Depending on the loan term you choose, it will affect how much your monthly payments are, the interest rate and the amount of interest you pay overall.