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types mortgage loans FAQ


A great loan to get is a 30-year fixed rate mortgage with no prepayment penalty.



Fixed rate means that the major part of the monthly payment (the principal and interest) will never change. No prepayment penalty means


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The VA is for prior and current military only
For the person above the funding fee for a VA loan is also financed in on the mortgage, I know because we just used our VA loan in January


Your parents would have had to be in the armed forces (army, navy, marines, air force, coast guard, reserve) in order to qualify for a VA loan.

types mortgage loans news

Staten Island college students crushed by a lesson in debt

21.05.12

STATEN ISLAND, N.Y. -- Robert Applebaum graduated from law school in 1998 -- and thanks to all the interest on his loans, the Richmond attorney still hasn't managed to put a dent in the $65,000 principal he borrowed to afford law school at Fordham University.

He's not alone. More than
Source: SILive.com

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Financial Facts: Interest rates versus types of property
Financial Facts: Interest rates versus types of property

FHA and Fannie Mae offer loans for home energy improvements


Working with Home Loan Calculators for Mortgage Comparison
Working with Home Loan Calculators for Mortgage Comparison

Getting a mortgage becomes a little trickier


Elder homeowners might want to consider reverse mortgage alternatives