Mortgage Loan Types

Whether you’re buying your first home, making an upgrade, or looking to refinance, Aiello & Associates has many solutions to help you accomplish your homeownership goals. We’ll guide you every step of the way to make sure that putting down your roots is easy and stress free.

As a prospective home buyer, it’s just as important to research types of mortgages as the neighborhoods you want to live in. Applying for a home loan can be complicated and deciding which type of mortgage best suits your needs early on will help direct you to the type of home you can afford.

There are various loans to choose from, so it's important to fully understand the advantages and disadvantages of each type before deciding. Depending on the type of mortgage loan you choose, you will have different requirements that influence your rate and loan terms. Selecting the right mortgage for your situation may lower your down payment requirement and decrease the overall interest payment over the life of the loan.

Disclaimer

The loan  program highlights are being provided for informational purposes only and is not to be construed as a loan commitment of any kind. Actual loan qualification is subject to verification and approval of income, credit, property appraisal, and other factors. Rates, Fees, and programs are subject to change at any time without prior notice.