The benefits of using a specialized mortgage over a conventional one depend on the specific loan option you choose. For example, a DSCR loan may offer better terms than other types of loans because it has special provisions that protect your interest rate and make buying or refinancing easier. Additionally, these types of mortgages tend to have lower monthly payments than other types of loans because they take into account your unique circumstances and debt load.

Assessing whether a specialized mortgage suits your needs involves considering your financial objectives, lifestyle, and long-term plans. Consult with a mortgage advisor to explore the various options and understand how each aligns with your unique circumstances. It's crucial to evaluate the benefits of specialized loans in relation to your specific goals and financial situation.