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There are as many types of mortgages to choose
from as there are types of houses to buy. Here you'll learn how
to choose the mortgage that is right for you -- and what kind of
lender to get it from.
There's a lot to learn in this chapter, since there
are all kinds of ways to finance your home. We'll tell you about
fixed-rate and adjustable-rate mortgages, as well as subprime mortgages
for those who have credit problems. We also explain the less-well-known
kinds -- jumbo, balloon and others. Finally, we discuss the different
types of lends and tell you which ones are the best choices in different
financial situations.
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What you can expect to learn from this chapter: |
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Chapter 2: How mortgages work
