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Are Fixed Rate Mortgages or Adjustable Rate Mortgages better for me?

When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the difference between them can ensure you get the right product for your financial goals. Fixed-Rate Mortgages Fixed-rate mortgages (FRMs) are just as their name suggests - loan with a fixed interest rate, a rate that never changes over the course of the mortgage. The obvious benefit of this type of loan is that your monthly payment, as well as your inte...

August 15th, 2018 | Purchasing a Home, Fixed Rate Mortgages, Adjustable Rate Mortgages, Refinancing a Home, Are Fixed Rate Mortgages or Adjustable Rate Mortgages better for me?

American Freedom Funding

8141 2nd St #414
Downey, California 90241
Phone: 562-754-4954
Fax: 562-242-2227
NMLS: 348865
CA-DBO603K041

American Freedom Funding logo

Jael Yvette Muñoz

Loan Officer
Phone: 562-754-4954
Fax: 562-242-2227
NMLS: 1471057
CA-DBO1471057