Sunset Mortgage Company
 
 
TYPES OF MORTGAGES
    It's easy to understand why the fixed-rate mortgage has been the popular choice of 
home buyers in America for many years. 
    Your interest rate remains constant for the length of your loan, so the monthly 
payments of principal and interest never vary.  This makes it easy to budget for a fixed-rate mortgage.  And if frees you from the uncertainties of mortgages with fluctuating rates. 

    Non conventional Lending is leading the housing market for the buyer that has had past credit problems or current problems in today market.  The programs available range from 100% financing to 65% financing.  It is also a market widely used by today's investors. 
ARM or adjustable rate mortgage is a mortgage that provides for interest rate adjustments that are tied to an independent index.  Although the terms of one ARM may vary widely from another, there are several characteristics common to most adjustable rate financing plans.

 
 
 
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