Mortgage lenders are offering all sorts of exotic mortgages that can help lower monthly payments, but might prove risky if home prices fall and interest rates rise.
There’s probably a mortgage out there to meet the needs of anyone who is looking to buy a house.
Want a low monthly payment? There are mortgages that allow you to pay only the interest on the loan for the first few years. For some loans, you don’t have to make a down payment or prove your income.