Need Advice: First-time buyer, Credit Score 674, 195K home, downpayment 10%Would I be better of with a Fixed rate or ARM? Any chances of getting interest only mortgages for me to build my reserves for 20% downpayment to get a lower rate 30 yr fixed mortgage? Thanks in advance for your advise.March 01 2009 - Greenville11YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.