PA Mortgage Knowledge Base
Mortgage Terms Dictionary
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Pennsylvannia Mortgage Basics
- Fixed Rate Mortgages
- Adjustable Rate Mortgages
- Interest Only Mortgages
- Combo Loans
- Bi-Weekly Mortgages
- Graduated Payment Mortgages
- Growing Equity Mortgages
- Balloon Mortgages
- Reverse Mortgages
- Amortization
- Negative Amortization
- Flex Arm Mortgages
- Temporary Buy-Downs
The fixed-rate mortgage is Pennsylvania's most popular mortgage program. Is this loan type right for you?
Due to many adjustable rate mortgage options and exceptionally low rates, ARM's are becoming increasingly popular among Pennsylvania residents.
These mortgage loans are excellent for homeowners with appreciating home values who plan to refinance or sell within five years. This type of mortgage is also an great choice for investors with appreciating rental properties.
Don't have enough money to put 20% down on your purchase? Want to avoid PMI? If this is the case, choose a Combo Loan for your Pennsylvania Mortgage.
Save thousands in interest on your PA Mortgage!
The low rates of an ARM combined with more stability. A graduated payment mortgage may be the right choice for you!
Build equity in your home, while maintaining low payments! This type of Pennsylvania Mortgage Loan has many benefits.
This type of loan offers a very low initial interest rate!
Excellent option for Sr. citizens with a fixed income and a significant amount of equity in their home.
What is amortization? What does it mean for your Pennsylvania Mortgage?
Is a negatively amortizing loan a good choice? In some cases it is!
Flexible monthly payment options! This type of mortgage loan gives you a choice. It's excellent for Pennsylvania Borrowers with fluctuating monthly incomes.
This option allows you to lower your Pennsylvania Mortgage interest rate!
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