Bank of America-Mortgages-First Time Buyers
- Listed: November 14, 2008 12:55 am
- Expires: This ad has expired
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Most popular first time home buyer loans:30-Year Fixed-Rate MortgageYou get the security of a stable interest rate that won’t change for the life of your loan. It’s perfect if you plan to live in your home for many years. Interest Only Mortgage†For the first 3 to 10 years, the interest rate and payment stay the same and you pay just the interest each month. Use the savings for other immediate needs. 5/1 Adjustable-Rate Mortgage†You get a typically lower monthly payment thanks to a fixed rate for the first five years, then an adjustable rate each year after that. It’s ideal for homebuyers who plan to refinance or move in a few years. |
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