What type of mortgage is right for me?

The only way to answer that question is to actually engage with a mortgage professional. One of our ad campaigns claims that "No two of our clients are exactly alike, neither are their mortgages." That is definitely true. Each person has a different situation, a different hook that will impact their loan. It is imperative that together you understand everything up front, before you pull the trigger on a product.

It is so important to be straightforward with a loan expert about all of your needs and your financial factors. You should never pick a product then look for the lowest bidder. Instead you should find a firm that you trust and speak with them thoroughly about your short and long term goals. Once armed with this information a good mortgage specialist, will be able to go out and find you the ideal loan. There are a lot of programs out there, and the average consumer shouldn't have to be an expert. This is where you should put your loan specialist to work for you.

If you had high cholesterol, you would first realize that you have to fix it. Then you would have to go out and figure out how to. You wouldn't just look online for the cheapest drug and buy it. You would want to engage thoroughly with a doctor (with a good reputation, that you trust) and then come up with a total plan. Some drugs work for some and not for others. In fact some drugs could have a really negative/dangerous impact on your body. Also, the Doctor might learn that you have a wildly unhealthy diet, and fixing that would also be part of the prescribed solution. In the end to fix this serious condition, you would have to take all of the necessary steps to ensure you are on the best plan. The same is true with your mortgage.

So the answer to the question of what loan is right for you, is one that can't be answered without speaking in detail first. That would be a total disservice.