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Mortgage Basics
Why your loan type matters more than you think
When you're shopping for a mortgage, the interest rate gets most of the attention. But the type of loan you choose—fixed rate, adjustable rate, FHA, conventional, and others—shapes your entire financial picture for years to come. Each program has different rules about down payments, credit requirements, and how your payment behaves over time. A fixed rate keeps things predictable. An adjustable rate might start lower but can change. Government-backed programs can open doors for borrowers who don't have a large down payment saved yet. The right choice depends on your plans, your budget, and how comfortable you are with change. I'd be happy to walk you through what each option actually means for your situation. Let's talk about which loan type makes sense for where you are right now.
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