If you are a first time homebuyer, you may find that with so many types of mortgages to choose from, the whole lending process can become quite a hassle.  We have compiled lists here to help you sort through the various types of mortgages that are available from brokers across the country.  You may be looking for an FHA loan, or perhaps a Fannie Mae or Freddie Mac loan. 

 

Other types of mortgages include 30 year or 15 year fixed rate mortgages, or 5 year and 3 year adjustable rate mortgages.  Every homebuyer has different financial needs and we are here to help you determine exactly what yours are.  Some people like to put a large down payment on a home, while others prefer 0% down with higher interest rates.  The easiest way to begin your home loan searching process is to take a look at a mortgage calculator along with a chart of current interest rates.  Once you have determined what sort of loan you may want to purchase, you can then calculate what your monthly payments might be.

 

You can be easily approved for a home loan today by clicking on one of our partner sites listed.  Brokers are available to help you decide between the types of mortgages that are on the market, and will be able to answer any concerns you might have.  The lending process should be simple and allow you time for more important things, like your family and work.