Fixed-Rate Mortgages
Notes on fixed-rate mortgages pros
and cons and why consumers may select this product
Adjustable-Rate Mortgages
Notes on adjustable-rate mortgages
pros and cons and why consumers may select this
product
Hybrid / Combo Mortgages
Notes on hybrid mortgage (fixed rate mortgages
that adust to adjustable rate mortgages after
a set period) pros and cons and why consumers
may select this product
Interest-Only Mortgages
Notes on mortgage loans that charge interest only for the first few months.
Minimum Payment Plans
Notes on low monthly payment plans for high priced markets and for applicants that are looking to keep their payments low.
Jumbo / Construction
Loan
Notes on non-conforming jumbo and construction
mortgages pros and cons and why consumers
may select this product
Balloons, RIM, Other
Notes on other special mortgages
pros and cons and why consumers may select this
product
Government Loans
Notes on government sponsored mortgages
pros and cons and why consumers may select
this product