What are the type of mortgages?

Conventional loans are recommended for people with good credit.
Jumbo loans are the best option for borrowers with excellent credit who want to purchase a pricey home.
A government-insured loan is the best option for borrowers with bad credit and little money for a down payment.
Fixed-rate mortgages are the best option for borrowers who prefer a steady, predetermined monthly payment for the life of the loan.
Adjustable-rate mortgages are ideal for borrowers who don’t intend to live in the house for a long time, prefer lower payments now but are okay with possibly having to pay more in the future.