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The different types of mortgage loans include Fixed Rate, One Year Adjustable, 10/1 Adjustable Rates, 2-Step, Balloon, 3/3 and 3/1 Adjustable Rates, 5/25 and 5/5 and 5/1 Adjustable Rate Mortgages. You can get more information about these types of mortgages online at the Mortgage Calculator Organization website.

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Q: What are the different types of mortgage loans?
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Related questions

What are some of the different types of mortgage loans?

There are many different types of mortgage loans that are available for the average consumer. One can get fixed rate loans, adjustable loans, and governments guaranteed loans.


What types of home loans are there?

There are a couple of types of home loans available. Some of those types include FHA loans, Fixed-Rate Mortgage loans, VA loans, and Interest-Only Mortgage loans.


Where can one obtain information about reverse mortgage loans?

The Federal Trade Commission consumer information site has valuable information about reverse mortgage loans. This site explains the different types of loans and their features.


What are different types of home loans available?

Some types of home loans are FHA loans, VA loans, 30 year loans, 15 year loans, and reverse mortgage loans. Of course, these are not the only types of loans available. You might check with your local real estate agency for more information on what is available.


What are some different types of home mortgages?

The most common types of home mortgages are Fixed-Rate, FHA loans, VA loans, and interest-only loans. The most common mortgage type is the fixed-rate mortgage which can be taken out for anywhere between 10 and 50 years.


What types of services does a morgtage business provide?

A mortgage business or mortgage company helps to provide loans to many individuals or businesses. Some of these types of loans include home and auto loans. QuickenLoans and LendingTree are two of the top mortgage loan companies.


What types of loans does Commercial Mortgage Bank offer?

Commercial Mortgage bank offers a variety of loans through their bank that includes home loans, student loans as well as business loans to their customers.


What are the different type of home loans available?

Some types of home loans are FHA loans, VA loans, 30 year loans, 15 year loans, and reverse mortgage loans. Of course, these are not the only types of loans available. You might check with your local real estate agency for more information on what is available.


Should you get a second mortgage or a home equity line of credit?

Mortgage loans and home equity loans are two different types of loans you can take out on your home. A first mortgage is the original loan that you take out to purchase your home. Second mortgage means cover a part of buying of your home or to cash out some of the equity of your home. It is important to understand the differences between a mortgage and a home equity loan before you decide which loan you should use. Both types of loans have the same tax benefit since you can deduct the interest on each.


What are the types of credits?

Charge accounts, credit card, consumer loans, mortgage loans, and installment sales credit.


Where can one get a commercial mortgage loan?

Getting a commercial mortgage loan is similar to other types of loans. Most of the bigger banks, like Citibank, and some credit unions offer commercial mortgage loans.


What bank provides loans?

All commercial/rural/industrial banks provide loans. The different types of loans available from banks are: 1. Personal Loans 2. Automobile Loans 3. Home Loans (Mortgage Loans) 4. Loan against Securities 5. Gold Loan 6. etc.