Primary Mortgage Options for Homebuyers | Spyglass Realty
Posted by Ryan Rodenbeck on
Buying a home is an exciting time, but it can be overwhelming, especially for first-time buyers who have decided to stop renting. The mortgage process involves many steps, including pre-qualification and preapproval. Not to mention, there are several different mortgage options offered by lenders. Before starting the house-hunting process, it's important to understand how mortgage options work and what types of loans are available. Here's a broad overview of mortgage options to get you started.
For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.
Conventional Loans
Conventional mortgages are a type of loan that isn't insured or guaranteed by the…
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