A thirty-year, fixed-rate mortgage used to be the standard choice for most homebuyers North Florida, but today, Jacksonville Florida lenders offer a variety of loan types in varying lengths. Deciding on the best length for you should be based on factors including your purchasing power, your anticipated future income and how disciplined you want to be about paying off your mortgage.  Loans are available for 15, 20, 30, and even 40 year mortgages and each one has its advantages and disadvantages. By doing your homework and talking with your local lender, you can determine which loan type will work to your advantage.