Home Loans by Guide4Home
We Cover: Mortgages, Low Interest, Bad Credit and Government Backed Loans
Home loans, mortgages, and credit ratings - there are so many things to consider, it's hard to know where to start. If you are in the process of buying a property then the chances are you will need to take out some sort of finance to help you pay for it. If you are looking for a home loan, there is a whole range of different products to consider, from interest-only loans to bankruptcy and bad credit loans.
US home loans are sometimes also referred to as mortgages and mortgage loans. Don’t let this confuse you; they are all essentially the same thing…a loan used to pay for a property, with the property serving as security should you fail to repay the loan as agreed. In other words, if you do not keep up with your repayments, the mortgage company has the right to repossess your home.
What you do need to be aware of is the vast range of loan options open to you. Perhaps you have a very limited credit history, perhaps because you have never had to borrow money before, or maybe the credit history that you do have is poor. Whatever your circumstances, the home loans market is big business, so there is bound to be a product out there that can meet your needs.
Of course, one of the main problems for homebuyers is actually knowing where to look. For this reason, Guide4Home has put together a guide to the whole process, from finding a lender to actually making an application. We cover sometimes confusing areas such as interest rates, as well as giving you a directory of lenders that you can search for by city or state.
You may also find our guide to government mortgages of use, particularly if you are one of America’s low-income families or are a veteran.