Here's a list of the types of home loans available...

Conventional loans - these loans are not government insured and usually have a higher down payment requirement.

FHA loans - these loans are insured by the Federal Housing Administration under H.U.D. They offer low down payments and are easier to qualify for than conventional loans. The maximum amount of the loan is limited.

VA loans - these loans are guaranteed by the Veterans Administration. A veteran must have served 180 days active service to qualify.

Adjustable Rate Mortgage - these loans have an interest rate that is adjusted at certain intervals based on a specific index during the term of the loan.

Graduated Payment Mortgage - A fixed rate loan that has payments starting lower than a standard fixed rate loan, which increases by a predetermined anount each year for a set number of years.

These are just a few of the options you might have; your lender will discuss your specific situation and work with you to find the loan program that will work best for you.