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Types of mortgage loans. Fixed-rate mortgage. This is a mortgage that has a fixed interest rate over the entire life of the loan. The benefit is that it offers predictable payment terms and the fixed interest rate allows the size of your monthly payment to stay the same year after year. Adjustable-rate mortgage (ARM). With this type of mortgage, interest rates change from time to time to reflect current market conditions.
They are not required by any federal, state, or local laws. They are provided as informational services only and may not be construed as legal advice. Waco, TX Cash Advance and Title Loans. 5301 Bosque Blvd Ste 110 Waco, TX 76710 (254) 776-7373 Hours: 10-6 M-F, 10-2 Sat. 1707 S Valley Mills Dr Waco, TX 76711 (254) 755-8688 Hours: 10-6 M-F, 10-2 Sat. 1517 Interstate 35 N Ste 110 Waco, TX 76705 (254) 867-6051 Hours: 10-6 M-F, 10-2 Sat.
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