Mortgage lenders offer many features
and restrictions that can be added to a variety of
mortgage programs, but the following eight mortgage
loans are the basic types you will encounter. No single
loan is best for all circumstances, but here you'll
see what specific loan types work better than others
depending on individual circumstances and lifestyles.
Select a lifestage:
Buying for the long haul
Loan to consider:30-year fixed rate
Why: Financial peace of mind can be worth the higher interest rate that comes with an interest rate that won't change for three decades.