Home Purchase Mortgages
A home loan, also known as a mortgage, is a loan that is used to finance the purchase of a home. These loans are typically offered by banks, credit unions, and other financial institutions, and can be used to buy both existing and new homes. Continue Reading Below
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Encyclopedia Articles
Discover the definition of financial terms related to home purchase mortgages.
Non-Recourse Loan: How It Works vs. Recourse Debt
Andrew Latham
Deed of Trust: What It Is, How It Differs from a Mortgage, and How Foreclosure Works
Andrew Latham
What Is a Balloon Mortgage?
David Hodges
Fully Amortizing Payment: What It Is and Examples
SuperMoney Team
Real Estate Appraisal: How It Works, What It Costs, and What to Do If It Comes in Low
Andrew Latham
What is a 5/1 ARM? Pros and Cons Explained
Ossiana Tepfenhart
2/28 ARM: Definition, Risks, and Real-Life Scenarios
SuperMoney Team
What is an Adjustable-Rate Mortgage?
Andrew Latham
What Is Private Mortgage Insurance (PMI)?
Andrew Latham
Down Payment: What It Is, How Much You Need, and How to Save for One
Andrew Latham
Learn About Home Purchase Mortgages
Leaseback On a House: Pros & Cons Explained
Lacey Stark
ARMs Hit 11% of Mortgage Locks at 7.3% Rates. When a 7/1 Saves Money and When It Bites
SuperMoney Team
Adjustable-Rate Mortgages Are Back at 10.3% of Applications. Is a 6.43% ARM Worth the Risk Over a 7.40% Fixed Rate?
SuperMoney Team
How Much Equity Can I Have In My Home And Still File Chapter 13
Benjamin Locke
Home Equity Loan To Buy Land
Benjamin Locke
What Are Reverse Mortgage Requirements?
Benjamin Locke
Bridge Loans for Real Estate Investors: Short-Term Financing Explained
Andrew Latham
Pros and Cons of Bridge Loans for Home Buyers
Andrew Latham
Bridge Loan Requirements: What You Need to Qualify In 2026
Andrew Latham
How a Bridge Loan Works When Buying a New Home Before Selling Your Old One
Andrew Latham
What Is an FHA Loan and How Does It Work
Andrew Latham
Pros and Cons of a USDA Loan 2026: Is It the Right Mortgage for You?
Andrew Latham
HELOC Vs. Home Equity Loan For a Down Payment: Which Is Best?
SuperMoney Team
Cash-Out Refinance vs. HELOC: Which is Better?
Bryce Sanders
USDA Loan Requirements 2026: Eligibility, Income Limits & Property Rules
Andrew Latham
How To Finance Multiple Rental Properties
Tiffany Hsu