Top 5 types of housing loans that helped millions

Borrowers with a good history and credit score : CONVENTIONAL LOAN

[{"selector":"#anim-eaaa94a3-0a50-467c-a983-971655f62744 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2099e7ba-edac-4330-873d-0326a51bfea2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-046ba38c-dcd5-42be-a9f7-7dd7d5dfb7e4","keyframes":{"transform":["translate3d(112.76595%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

2- JUMBO LOAN for the one with excellent credit & are looking for expensive home

[{"selector":"#anim-e0add627-6aa6-4822-812a-336bab6fcb87","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b14cc279-a6ab-4107-a796-cefdec9af001","keyframes":{"transform":["translate3d(102.94117%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a6fdda03-0103-42a6-940a-2b35d3d9e9f9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ff3cd82f-a9fb-448e-87a3-6badbfd55b35","keyframes":{"transform":["translate3d(0px, -475.57321%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

For those who are dealing with their low credit score can have GOVT. LOAN

[{"selector":"#anim-a2845aee-5c2e-40a3-978f-5fedb9b03acb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-2b044e6a-2b2a-45b0-a437-338b1341adbb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b8523460-afe4-444b-a326-8147b31f7b2f","keyframes":{"transform":["translate3d(-113.90533%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The GOVERNMENT LOAN is a suitable option for people having minimal cash for down payment

[{"selector":"#anim-a5660eca-44ac-496b-a9c4-3592a14d7e15 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-3fbde62b-18bf-4a7a-8ca0-5819c43b76ae","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-17c55c7a-39e0-4753-9d96-d642cb7af5b0","keyframes":{"transform":["translate3d(0px, -454.26174%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

There's something called FIXED-RATE MORTGAGE where borrowers compelled to pay a fixed amount monthly

[{"selector":"#anim-5010129d-65d6-462a-94f0-e6a555ada803","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-cd091b8c-b209-44c7-a5e6-6b26f693f6c1","keyframes":{"transform":["translate3d(99.45355%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-788374e9-50fc-4864-ac6d-f29a471b11eb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ebd77ca4-afa1-4078-9285-8deebcf4f41f","keyframes":{"transform":["translate3d(-114.87342%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

FIXED-RATE MORTGAGE is best for those who choose a predictable set monthly payment till the end.

[{"selector":"#anim-a85c1542-7f7a-4c4d-8472-c994d407c5d2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-1b648fe8-12df-4c1c-b754-c2e1ec2076b8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99490b34-6b01-4bab-8ba0-107d2b88bda4","keyframes":{"transform":["translate3d(112.76595%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

5th is ADJUSTABLE-RATE MORTGAGE, which should be preferable to those who want short term benefits.

[{"selector":"#anim-a9c58608-35c5-426b-a146-a4e5214cd510","keyframes":{"opacity":[0,1]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8ccb3eae-9434-4806-b2d7-a72e13e82277","keyframes":{"transform":["translate3d(102.94117%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-88ef2c76-a40e-4bac-936b-1ac2c4143f60","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a843fc7e-70b7-4254-a84e-05c8e18468de","keyframes":{"transform":["translate3d(-116.02788%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

All those who aren't supposed to stay in the house for more time and prefer to pay more in future.

[{"selector":"#anim-fec925cf-7407-4799-90b9-27109616dff4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":3000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] [{"selector":"#anim-5fc86812-c733-4752-8b7f-3b297e93e3ec","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-fa1bcdb3-f753-48f7-a369-c8b984aeffe0","keyframes":{"transform":["translate3d(0px, 149.26138%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

ADJUSTABLE-RATE MORTGAGE is made just for those who go with lower payment in the short term.

[{"selector":"#anim-0a7fb196-3f45-4f7f-8c18-85059faa6f59 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-d9806913-b309-4932-805c-0295da9038bb","keyframes":{"transform":["translate3d(116.29393%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c6c6e5f-41e0-4aaf-ad59-1fc7e7041b1c","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-96fe6c5a-79bb-401b-ad62-f6244072e2d4","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]