There are many kinds of home mortgages and loans.

• Conventional
  
  
• Rural Development
  
  
• FHA - Federal Housing Administration
  
  
• VA - Veterans Administration
  
  
• MSHDA - Michigan State Housing Development Authority
  
  
• Option ARM Loans - Adjustable Rate Mortgage
  
  
• Variable Interest Rate Loans
  
  
• Fixed Interest Rate Loans
  
  
• Balloon Payment Loans
  
  
• Interest Only
  
  

To find out what kind of loan you have try the following:

• Look at your original loan documents
  
  
• Pull a credit report which may show what type of loan you have or what company services your loan. For a free credit report go to www.annualcreditreport.com
  
  
• Call the company that services your loan
  
  
• Ask a certified counselor to review your statement and have them call the company with you