Type of Mortgage

Types of Mortgages

Fixed-Rate Mortgages (FRMs)

Adjustable Rate Mortgages (ARMs)

Option (Flexible Payment) ARMs

Balloon Mortgages

Biweekly, Bimonthly and Weekly Payment Mortgages

Shared Appreciation Mortgages

Dual Index Mortgages

Wrap-Around Mortgages

Mortgage Selection Decisions

Interest-Only Mortgages

Graduated Payment Mortgages

Simple Interest Mortgages

80/20 Mortgages