March 25, 2018 0likes 558 views Finding the perfect home will be the most rewarding treasure hunt you’ll ever experience. At Ace Mortgage Loan Corp., we encourage you not to forget about hunting for the perfect mortgage. Mortgages help homebuyers afford their dream homes, and without the ideal terms of a home loan, homeowners may experience troubles down the road. When you’re searching for a mortgage in Plantation that best fits your needs, you’ll want to take into account your current financial position. You’ll also want to take into account how long you’re planning to own the home. Regardless of your answers, there are options for everyone. Call Ace Mortgage Loan Corp. for your mortgage in Plantation Top 5 Mortgage Options Fixed-rate loans For those who are comfortable with steady payments, a fixed-rate loan may work best. The interest rate stays the same throughout the whole payment term, which could last up to years. This helps homeowners know what their payments will be, without the stress and uncertainty. Adjustable-rate loans As an alternative to fixed-rate loans, this type of loan can change without warning. While there are perks, such as a lower interest rate, many homeowners prefer to feel prepared, knowing what they’ll be paying ahead of time. FHA loans Unlike many other loans, FHA loans are government funded. These are great options for first-time homebuyers, as they offer lower down payments. Homebuyers will still need to decide if they’d rather have adjustable-rate loans or fixed-rate loans. VA loans VA loans are specifically for veterans and their families. Run by the U.S Department of Veterans Affairs, they cover the lender shall the borrower make any mistakes. This is a large benefit. Also, veteran homebuyers will not have to make a down payment. Conventional loans Following the guidelines set by Freddie Mac and Fannie Mae; conventional loans are generally for financially secure homebuyers. They will have a more substantial down payment, but a more significant down payment also means lower monthly payments. There are multiple choices to choose from when hunting for the mortgage in Plantation that’s right for you. Ace Mortgage Loan Corp., we understand how time-consuming and confusing mortgage shopping can be, which is why we offer our services and assistance. If a homeowner chooses unwisely, they may be stuck with payments they can’t afford. With decades of experience, our professionals have the knowledge and expertise homebuyers need. Don’t let the home of your dreams slip away. Call Ace Mortgage Loan Corp. today to see how we can make your American Dream a reality.