What type of mortgage is best for me? There’s a lot of options out there, and it can be easy to get overwhelmed. This post is meant to help you navigate the complex world of loan programs when purchasing a home. As always, if you have any questions while reading, feel free to stop and give us a call at (602) 535-2171. We’re happy to answer any questions you have.

Which loan type is right for you?

Each home loan program has unique benefits that cater to a certain type of buyer. Your goal should be to find the one that matches your wants and your needs. But, don’t worry about trying to navigate it alone, we’re here to help you map out a game plan that saves you time and money.

Here are a few questions to start asking yourself as you explore options:

• Which loan has the lowest monthly payment?

• What option requires the least amount upfront?

• What option will cost me less over time?

• Which loan type is suitable for my credit score?

• How does my income affect the products for which I’m eligible?

• What’s my price range for home buying?

• How long do I plan to stay in the home?

Loan Type Comparison

Sometimes, a picture is worth a thousand words. Check this out.

Take a minute or so to look at this chart to help you get oriented. Once you have a sense of where you’re at, or if you just want to ask us, give us a call at (602) 535-2171 or shoot us an email at team@azmortgagebrothers.com. We’re always happy to help!

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Thanks for listening and reading the Mortgage Brothers Show. Let us know if you have any questions you’d like us to answer on this podcast. You can email your questions to Tom@AZMortgageBrothers.com or Eddie@AZMortgageBrothers.com.

Be sure to ask us for a free quote on your next mortgage. We’ll personally work with you and help you through the whole process.

Signature Home Loans LLC does not provide tax, legal, or accounting advice. This material has been prepared for informational purposes only. You should consult your own tax, legal, and accounting advisors before engaging in any transaction. Signature Home Loans NMLS 1007154, NMLS #210917 and 1618695. Equal housing lender.

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