Different Types of Real Estate Home Loans

Tracy Wood


Foothills AZ Home Loan Information

Getting the right type of real estate home loan is an important part of the home buying process. In this section of my website, I have put together some basic information regarding the types of real estate home loans that are common in the market today.

Fixed-rate mortgages Fixed-rate mortgages are mortgages where the interest rate stays the same for the entire term of the loan. The advantage to a fixed-rate mortgage is that if you lock a relatively low rate, your payment won’t go up when rates do.

Adjustable-Rate Mortgages With an adjustable-rate mortgage, the rate of the loan can change throughout the term of the loan. The rate of the loan is based on adding points to a fixed base.

Hybrid loans A hybrid loan combines a fixed period along with an adjustable component. Usually, these loans are fixed for a period of time and then the loan becomes adjustable where it is dependant on current rates.

FHA real estate home loans An FHA loan is a loan in the United States that is insured by the Federal Housing Administration.

VA real estate home loans A VA loan is a loan in the United States guaranteed by the Veterans Administration. The loan may be issued by qualified lenders. The VA was designed to offer long-term financing to American Veterans or to their surviving spouses.


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Tracy’s wealth of knowledge in design, staging, and preparing a home to sell, makes her a number one choice when selecting a Real Estate specialist to guide you through the home buying or selling process.

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