Homebuyers have five basic kinds of mortgages: conventional, jumbo, government, fixed-rate and adjustable-rate. What to know about each. Conventional loans · Fixed-rate mortgages · Adjustable-rate mortgages · High-balance loans · Jumbo mortgages · FHA loans · VA loans · USDA loans. We will also focus on the following;
- 1. Conforming mortgage
- 2. Jumbo mortgage
- 3. FHA mortgage
- 4. VA mortgage
- 5. USDA mortgage
- 6. Fixed-rate mortgage
- 7. Adjustable-rate mortgage
- 8. Construction loan
- 9. Balloon mortgage
- 10. Interest-only mortgage
- 11. Piggyback loan
- 12. Reverse mortgage
- 13. Mortgage refinance
