|
Loan Program Fit
Why your loan type matters more than rate alone
When you're comparing mortgages, it's easy to fixate on interest rates. But the type of loan you choose—fixed-rate, adjustable-rate, FHA, conventional, or something else—shapes your entire financial picture for years to come. Each program comes with different rules about down payments, credit requirements, how long your rate stays locked in, and what happens if rates change. The right fit for you depends on how long you plan to stay in the home, your comfort with payment changes, and your financial situation today. A lower rate on the wrong program can cost you more than a slightly higher rate on the right one. Let's talk about which loan type actually makes sense for your goals. Reach out and we can walk through which program fits your situation best.
|