|
Loan Programs
Not all mortgages work the same way
When you're shopping for a mortgage or thinking about refinancing, the interest rate gets most of the attention. But the loan program itself—whether it's a fixed rate, adjustable rate, FHA, conventional, or something else—shapes your whole experience as a borrower. Different programs have different rules about down payments, credit requirements, and how your payments work over time. The right choice for your neighbor might not be right for you, depending on your timeline, your financial picture, and what you're trying to accomplish. That's why I always recommend having a conversation about which program actually makes sense for your situation, not just which one has the lowest teaser rate. Let's talk about which loan program fits your goals best.
|