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But people in their 50s might wish to opt for a 15-year mortgage, to make sure they can pay off the loan while they. influences home prices. For example, the same home in Austin, Texas, is likely.
If you have questions or concerns, please contact the VLB at 1-800-252-VETS (8387). To become a VLB participating lender, please send your request to VLB’s Home Loan Program Administrator, Gateway Mortgage Group, at email@example.com or call 972-725-7061.
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The 30-year fixed loan is by far the most common loan program, but adjustable rate mortgage (ARM) and 15-year fixed loans offer lower rates. If you’re ok with the higher monthly payment of the 15-year fixed loan or the possibility of your rate changing with the ARM, one of these loan programs could help you pay much less interest over time for.
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