Are you ready to buy a house? June is National Homeownership Month, and to celebrate, I’ve teamed up with Citizens Bank for a two-part homeownership series where I’ll share parts of my homeownership story, and we’ll dive deeper into the most common types of mortgages. 

Since there are many different types of mortgages that suit different borrowers, in this episode, we’re covering the most common, including:

• [3:45] Fixed-rate mortgage 
• [4:18] Adjustable mortgage
• [5:40] FHA mortgage 
• [8:34] Conventional mortgage
• [9:33] Jumbo mortgage 

Read the blog post: https://thoughtcard.com/types-of-mortgages/ 

 

About Citizens Bank 

For more information, check out the Citizens Ready to Buy a Home Hub, which includes an easy-to-follow application guide to help you understand the ins and outs of the home buying process. 

 

Resources Mentioned 

• Common Mortgage Terms To Know by Citizens 
• Mortgage Myths Debunked by Citizens 
• Managing Your Money As A New Homeowner (eBook):  Start your homeownership journey on the right foot. Learn simple ways to organize and optimize your finances so you avoid costly financial mistakes.  

If you enjoy this show, please consider leaving me a (virtual) tip by buying me a coffee. With your support, I look forward to continuing to bring you informative personal finance and travel content every other week. 

Disclaimer: This podcast is part of a paid partnership between Citizens and The Thought Card Podcast. Mortgages are offered and originated by Citizens Bank, N.A. (NMLS ID# 433960). All accounts, loans, and services are subject to individual approval. Equal Housing Lender. Member FDIC.