Common Types of Home Loans There are essentially two ways of buying a house. You either pay cash or you get a home loan. Given the high cost of housing these days, especially in some major cities, few people have a spare few hundred thousand or so hanging around in their bank account. So for the vast majority of people the loan is the usual method to finance a house. There are various types of lending but the most common is called a mortgage. A mortgage is a loan which is secured on the Continue Reading ...
