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Loan Programs
Not all mortgages work the same way
If you've been shopping around or just curious about your options, you've probably heard terms like fixed-rate, ARM, FHA, or conventional thrown around. Each one has a different structure, different rules, and different reasons it might make sense for your situation. A fixed-rate mortgage keeps your payment stable for the life of the loan. An adjustable-rate mortgage starts lower but can change over time. Government-backed programs like FHA have different down payment requirements and flexibility than conventional loans. The right choice depends on how long you plan to stay in your home, how comfortable you are with payment changes, and what your finances look like right now. It's worth understanding what you're actually signing up for—not just the rate, but how the loan itself works. Let's talk about which program makes the most sense for what you're trying to do.
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