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Mortgage Basics
Why your loan type matters more than you think
When you're shopping for a mortgage, it's easy to focus only on the interest rate. But the type of loan you choose — fixed-rate, adjustable-rate, FHA, conventional, or another program — shapes your entire borrowing experience. Each has different rules about down payments, how your rate behaves over time, and what flexibility you have down the road. The right choice depends on your situation: how long you plan to stay in the home, your comfort with potential payment changes, and what you can afford upfront. I'd rather see someone in a loan program that fits their real life than chasing the lowest advertised rate in the wrong product. Understanding your options helps you make a decision you won't regret. Let's talk through which loan type makes sense for your goals.
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