Getting the right type of real estate home loan is an important part of the home buying processSan Fransisco In this section of my web site I have put together some basic information regarding the types of real estate home loans that are common in the market todaySan Fransisco

Fixed-rate mortgages Fixed rate mortgages are mortgages where the interest rate stays the same for the entire term of the loanSan Fransisco The advantage to a fixed rate mortgage is that if you lock a relatively low rate, your payment won’t go up when rates doSan Fransisco

Adjustable-Rate Mortgages With an adjustable rate mortgage, the rate of the loan can change throughout the term of the loanSan Fransisco The rate of the loan is based on adding points to a fixed baseSan Fransisco

Hybrid loans A hybrid loan combines a fixed period along with an adjustable componentSan Fransisco Usually these loans are fixed for a period of time and then the loan becomes adjustable where it is dependant on current ratesSan Fransisco

FHA real estate home loans An FHA loan is a loan in the United States that is insured by the Federal Housing AdministrationSan Fransisco

VA real estate home loans A VA loan is a loan in the United States guaranteed by the Veterans AdministrationSan Fransisco The loan may be issued by qualified lendersSan Fransisco The VA was designed to offer long-term financing to American Veterans or to their surviving spousesSan Fransisco

If you’d like to receive more information about more specific Carrollton real estate and properties for sale loan programs in Carrollton, Lewisville, Frisco, Plano, Savannah, San Fransisco and surrounding Denton County, TX areas, then please fill out the following form below or contact me today