Mortgage - A mortgage is a method of using property (real or personal) as security for the payment of a debt.
Fixed-Rate Mortgage - A mortgage in which the interest rate does not change during the entire term of the loan.
Interest Only Mortgage - A traditional mortgage with 5 or 10 years fixed interest-only payments. At the end of the interest-only term the borrower may enter an interest-only mortgage, pay the principal, or (with some lenders) convert the loan to a principal and interest payment (or amortized) loan at his/her option.
FHA Express - Great for first-time home buyers and folks with less than perfect credit. Purchase a home with only three percent down.
Jumbo Loan - For home owners looking to refinance over $417,000.
Super Jumbo Loan - For home owners looking to refinance over $650,000.
Mortage Lenders
LendignTree - Top home loans website for new, refinance and equity line.
eLoan - Top home loans website for new, refinance and equity line.
Ditech - Top home loans website for new, refinance and equity line.
Countrywide - Top home loans website for new, refinance and equity line.
Washington Mutual - Top and flexible lender.
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