Types of Loans...

When it comes to financing real estate, two main types of loans exist:  fixed rate mortgages and adjustable rate mortgages (ARMs).  Another type of financing for a home is a home equity loan.  Home equity loans include second mortgages and home equity lines of credit (HELOCs).  Finally there are specialty loans such as CHFA and FHA loans for lower-income home buyers, commercial loans, and specialty loans.  Each kind of loan presents different advantages and features.  The type of loan that you will choose will depend on your financial needs and wants.

The Mortgage SuperCenter can help you decide what type of loan is best for you.  When we begin discussing the mortgage process, we discuss your goals and your needs.  That way, we can help you determine the options best suited for you.

We've provided some information to help start you down the path through the loan process.  We're always happy to answer any questions that you have, so please don’t hesitate to call us today at (203) 465-7976 or contact us online.