The main difference between a fixed-rate mortgage and an adjustable-rate mortgage (ARM) is that the interest rate on a fixed rate mortgage will stay the same...
Mortgage 101 - Comparing Mortgage Types
Side by side comparisons to understand the differences between the types of mortgages available.
Purchase vs. Refinance
A purchase loan is a loan that you obtain when borrowing money from a mortgage lender to purchase a home. A refinance loan is the loan you obtain...
Conventional Home Loans vs. Government Loans
Mortgage Consumers are often confused as to whether they need to apply for a Conventional Loan or a Government Loan such as an FHA, VA or RHS loan. The...