Non Conforming Loan Comparison: Adjustable Rate Mortgage Versus Fixed Rate Mortgage

By: Hunter Lending Team

Published on: 16/07/2024

Not all mortgage loans are the same, and choosing the wrong type can lead to issues if you're not careful. For example, adjustable-rate mortgages (ARMs) and fixed-rate mortgages have different features and risks. The type of mortgage you can secure often depends on your credit history, with your credit quality influencing the available options.