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Loan Type

There are several loan types you can search for:

ValueDescription
FixedFixed rate mortgage.
ARMAdjustable rate mortgage.
BothLoans that are both fixed rate and adjustable rate mortgage.

loanTypeCriteria is used to determine if you would like the result to be FIXED, ARM, or both. Passing FIXED returns only fixed programs, such as "30 year fix". Passing both returns programs, such as "30 year fixed + 30 year ARM."