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
Industry Studies
Encyclopedia Articles
Discover the definition of financial terms related to home purchase mortgages.
The Purchase Mortgage Market: Definition, Mechanics, and Pros & Cons
Abi Bus
80-10-10 Mortgages: A Closer Look with Examples and Benefits
Silas Bamigbola
What Is a Wraparound Mortgage?
Vishvi Vidanapathira
Mortgage Rate Lock Float Down: Definition, Examples, and Benefits
SuperMoney Team
What is a 3/1 ARM and is It a Good Idea?
Lacey Stark
Certificate of Deposit Index (CODI): Definition, How It Works, and Transition
SuperMoney Team
Fixed-Rate Payments: Stability, Strategies, and Success Stories
Silas Bamigbola
2-1 Buydown: Definition, Strategies, and Real-world Scenarios
SuperMoney Team
Portfolio Lenders: How They Work and Real-Life Examples
Silas Bamigbola
Prepayment Penalties: Understanding, Avoiding, and Navigating the Mortgage Maze
SuperMoney Team
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
How Do You Pay Back A Reverse Mortgage?
Benjamin Locke
What´s The Difference Between A Credit Union vs Bank Mortgage
Benjamin Locke
What Percent Of Income Should Go To Mortgage?
Benjamin Locke
Mortgagee vs Mortgagor: What's the Difference?
Benjamin Locke
AimLoan vs AmeriSave: Which Online Mortgage Lender Is Right for You?
Andrew Latham
Chase Mortgage vs Bank of America: Which Lender Is Better for Your Home Loan?
Andrew Latham
AmeriSave vs New American Funding: Which Mortgage Lender Is Right for You?
Andrew Latham
AmeriSave vs SoFi Mortgage: Which Lender Is Right for You in 2026?
Andrew Latham
AmeriSave vs loanDepot: Which Mortgage Lender Is Best for You in 2026?
Andrew Latham
AmeriSave vs Quicken Loans: Which Mortgage Lender Fits You Best in 2026?
Andrew Latham