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Mortgage Basics
What your loan type actually means for your wallet
When you're shopping for a mortgage, you'll hear terms like fixed-rate, adjustable-rate, FHA, conventional, and VA. They're not just industry jargon — they're different tools with different trade-offs. Some lock in your payment for the life of the loan. Others start lower but can change. Some require a down payment, others don't. The right choice depends on your situation: how long you plan to stay, your budget, and what kind of flexibility matters to you. Understanding what each loan type does helps you make a decision you'll feel confident about, not just pick the one with the lowest starting number. Let's talk through what makes sense for you. Reach out if you'd like to walk through the options together.
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