Buying a home is a very big investment. For a first time home owner, it is probably one of the biggest investments you have ever made. Moore Mortgage can to help make the home-buying process as comfortable and convenient for you as possible.

Some of the more popular first time home buyer loans are:

30-Year Fixed-Rate Mortgage
You get the security of a stable interest rate that won't change for the life of your loan. Can be the most financially sound choice 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. It’s important that you understand that these initial interest-only payments are not building equity in your home. While saving money you should also be planning for your future conversion to full payments.

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 a good financial fit for home buyers who plan to refinance or move in a few years.

To talk with a Moore Mortgage financial expert and to get a customized mortgage to meet your home financing needs,
call 800-235-7703.