Home Financing

Chucala, Steven
August 2007
Soldiers;Aug2007, Vol. 62 Issue 8, p32
The article discusses different types of loans that are available for U.S. soldiers who plan to own a home. It includes fixed-rate loans or mortgages which are the most common home loans, adjustable-rate loans or mortgages which offer lower initial interest than with a fixed-rate loan and convertible adjustable-rate loans or mortgages in which the borrower can convert the loan to a fixed-rate mortgage at specified times.


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