Key Areas for Home Buying

Home Financing Guide

FINANCING Home Purchase

Financing your home purchase will require a mortgage loan financed by a lender. The mortgage loan may be fixed or adjustable with repayment terms from 10-30 years.

The longer your repayment term, the lower your monthly repayment plan. But longer terms mean you will pay back more interest over time.

There are many types of mortgage loans to choose from. It all depends on your objectives to determine which loan is best.

 


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