Best Type Of Mortgage To Get Now

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Loan amount documentation type loan type occupancy type property type loan to. 1 Conventional Fixed Rate Mortgage Conventional fixed rate loans are a safe bet because of their consistency the monthly payments won't change over the life of your loan This is your standard plain-vanilla mortgage.

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While you cannot change the broad macroeconomic factors that affect your rate, you can take steps to lower it by improving your credit, saving for a larger down payment, and choosing a mortgage with a shorter loan repayment term.

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