Fixed - Rate Loan This is the most common type of loan and includes a single interest rate and monthly payment for the life of loan which is normally 15 to 30 years.
Adjustable Rate Mortgage ARM Loans offers interest rate that are lower than fixed rate loan for a period of 5 to 10 years.
FHA Loan While other loans require a down payment of 20% of the purchase, with a FHA Loan you can put down to 3.5%.
Bridge Loan It is also known as gap loan or repeat financing and is the best option if you are purchasing a home before selling your previous home.
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