What are the different types of mortgage loans?

The different types of mortgage loans include Fixed Rate, One Year Adjustable, 10/1 Adjustable Rates, 2-Step, Balloon, 3/3 and 3/1 Adjustable Rates, 5/25 and 5/5 and 5/1 Adjustable Rate Mortgages. You can get more information about these types of mortgages online at the Mortgage Calculator Organization website.