Conventional conforming long-term, fixed-rate  mortgages available for terms of 10, 15, 20, 30 and 40 years.  Adjustable rate loans also available. These loans meet Fannie Mae and Freddie Mac loan limits and property and borrower guidelines.  Generally has higher loan limits that VA or FHA.

FHA might be just what you need. Your down payment can be as low as 3% of the purchase price, and most of your closing costs and fees can be included in the loan. 

An interest only loan can provide flexible money management options by keeping your payments low for up to 10 years after move-in. 

During the interest-only period, your mortgage payments will not reduce the principal owed.  Instead you only pay interest for a pre-set number of months or years.  Once the interest-only period ends, your monthly mortgage payments increase to a level equal to interest and principal required to pay the loan in full by the maturity date.  Both fixed and adjustable rate loans are available.

VA-guaranteed loans which offer major benefits to include: No PMI requirement, low or no down payment required, a choice of repayment plans, no prepayment penalities, limited closing costs.  Eligible properties include town homes and condominiums.