Resource 1
Recommended Loan Programs based on the number of
years you plan to stay in the house.
|
Stay in the house
for... |
Recommended Loan Program |
| 1-3
Yr. |
3/1 ARM, 1 year ARM or 6 month ARM, or Option ARM |
| 3-5
Yr. |
5/1 ARM, or Option ARM |
| 5-7
Yr. |
7/1 ARM |
| 7-10
Yr. |
10/1 ARM, 40 year fixed, 30 year fixed or 15 year fixed |
|
10+ Yr. |
40 year fixed, 30 year fixed or 15 year fixed |
Resource 2
The advantages and disadvantages of various Loan
Programs.
Loan Programs Home
Available resources to help you answer this
question. |
