Which loan is right for me? |
Years you plan to stay
in the house |
Recommended program |
1-3 |
3/1 ARM, Interest Only ARM; Pick-A-Payment
loan |
3-5 |
5/1 ARM; Interest Only ARM: Pick-A-Payment loan |
5-7 |
7/1 ARM; Interest Only ARM; Pick-A-Payment |
7-10 |
10/1 ARM, 30 year fixed or 15 year fixed; Pick-A-Payment
loan |
10+ |
30 year fixed or 15 year fixed; Pick-A-Payment |
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