But with many loan types available, each with its own characteristics and requirements, picking the right one can be overwhelming. GOBankingRates has put together this overview of the major types of ...

Conventional mortgages are a popular type of home loan offered by private lenders and are not insured or guaranteed by the federal government. They often have more stringent qualifying criteria.

A little knowledge about mortgage types could help you take advantage of unique loan benefits you are entitled to. That might lower your interest rate and give you some breathing room on your ...

After sinking to 2-year lows Tuesday, both the 30-year and 15-year mortgage rate averages have edged up a bit. Rate movement ...

The Federal Reserve just cut interest rates by a half point. That may open up some refinancing opportunities for borrowers, ...

After plummeting earlier this week to their lowest levels since early 2023, refinance rates on 30-year, 20-year, and 15-year ...

Lenders base mortgage interest rates on the benchmark interest rate, along with other factors such as credit score, loan-to-value (LTV) ratio, size of the loan, type of loan and loan term.

Expect to pay closing costs between 2% and 6% of the loan amount when refinancing a mortgage. Here’s a closer look at the ...

What types of VA loan programs are available for service members and veterans? This section provides a rundown of what you can use your VA loan for -- everything from refinancing your mortgage to ...

Physician mortgage loans cater to newly graduated doctors or medical students. They are a type of nonconforming loan, meaning they are not government-backed loans like FHA loans or conventional ...

Similar to mortgages, these loans can help you buy ... Commercial bridge loans. This is a type of short-term financing typically used in commercial real estate to take advantage of an immediate ...