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Different Types of Loans and What They Offer:

Feb 07, 2017

mortgage-rates-cloud.jpgChoosing which type of mortgage loan is right for you can be confusing, but we’re here to help.

Every home loan can be categorized as either fixed-rate or adjustable-rate:

In addition to choosing a fixed vs. adjustable-rate loan, we’ll help you decide whether a conventional home loan or a government-insured home loan is best for you:

Depending on the amount you are borrowing, your loan will either be a conforming loan or a jumbo loan:

 

This is only an overview of each type, to get more information give us a call today at (517)351-5626 and we will help you pick which option is best for you!



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