Mortgage Alternatives: How To Choose The Right One by Cyndi Deal | Apr 22, 2022 | Blog, Life Changes If you’ve been thinking about buying a home, you may wonder how to select the right financing for your budget and needs. This Financial Guide explains the basics of most of the mortgage loans that are available today. Traditional MortgageNon-Traditional MortgagesGrowing-Equity Mortgage (Rapid-Payoff Mortgage)Buy-DownsRent With Option To BuyReverse MortgageSome CautionsMortgage Terms