[DOC] [TLE] Mortgage Basics, Ch. 2: ARM vs. Fixed-Rate Mortgage | Bankrate.com [PAR] Which is the better mortgage option for you: fixed or adjustable? ... Feature lower 
rates and payments early on in the loan term. Because lenders can use the lower 
payment when qualifying borrowers, people can buy larger homes than they ... 
for borrowers who don't plan on living in one place for very long to buy a house. [DOC] [TLE] Comparing Adjustable Rate and Fixed Rate Mortgages - NerdWallet [PAR] Feb 2, 2016 ... An adjustable-rate mortgage such as a 5 1 ARM might be better ... That's good 
news if you plan to buy a home or refinance anytime ... As attractive as that fixed-
rate mortgage may be, you can likely get an ... Because of this feature, you might 
actually qualify for a larger loan, and that can mean a nicer house. [DOC] [TLE] Different Types of Mortgage Loans Explained - Home Buying Institute [PAR] Did you know you can get free, no-obligation mortgage quotes online? ... 
Otherwise, keep reading below to learn about the different financing options 
available in 2016. ... A hybrid ARM loan is one that starts off with a fixed or 
unchanging interest rate, before ... 10 Steps to Buying a House  How Much Can 
You Afford to Buy? [DOC] [TLE] Adjustable Rate vs. Fixed Rate Mortgage - How to Choose [PAR] This will make the fixed-versus-adjustable decision much easier for you. ... The 
Home Buying Institute recommends the FRM for most first-time buyers, and for ... 
ARM loans have an interest rate cap that limits how much the rate can change ... 
In order to get past the fixed-rate vs. adjustable mortgage dilemma, you need to... [DOC] [TLE] 10 biggest mortgage mistakes - Interest.com [PAR] These mistakes can cause you to pay more than you need to, prevent your loan 
from ... They get home loans with great interest rates, low fees and predictable, 
fixed ... "There is a lot of risk if rates rise and you cannot get out of the ARM at the 
.... If you're moving from one house to another, you might be tempted to buy the... [DOC] [TLE] Mortgage Loan Dos and Don'ts - daveramsey.com [PAR] You've got plenty of options when it comes to financing the purchase of your 
home. ... This risk makes an ARM one of the worst mortgage options available. ... 
Your home loan should be a conventional, fixed-rate mortgage with a ... you can 
trust that your ELP won't pressure you to consider homes that would bust your 
budget... [DOC] [TLE] First-Time Home Buyer? Don't Overlook The 5-Year ARM. [PAR] Sep 11, 2016 ... If you're like a lot of other first-time home buyers, it's likely that you are. ... and 
rates for FHA and VA mortgage rates have averaged even lower. ... An adjustable
-rate mortgage (ARM), for example, can be a more ... ARMs offer lower mortgage 
rates than a fixed-rate loan and, ... fixed. It's a loan you don't need. [DOC] [TLE] Fixed Or Variable-Rate Mortgage: Which Is Better Right Now ... [PAR] Mar 26, 2014 ... You could borrow about $31,000 more, for a total loan of $231,000 ... rate will 
help you qualify for financing to purchase a more expensive ... in the quality of 
property you can get with the ARM makes the interest-rate ... Now that you know 
how ARMs compare to fixed-rate loans, how do you decide which one... [DOC] [TLE] Types of mortgage loans - Chase Mortgage [PAR] Financing a Home ... You can choose from various types of mortgage loans to 
finance your home purchase. ... your Mortgage Banker can help you understand 
the differences so you find one .... For example, a 5/1 ARM would have a fixed 
interest rate for the first five ... It can be used to buy or refinance 1 to 4unit 
properties. [DOC] [TLE] Home Loan Rates & Calculators from Bank of America [PAR] Everything you need to know about home loans in one place. ...

Question: When you need a loan to buy a house, you can get a fixed-rate one or this, an ARM
Answer: adjustable rate mortgage