What is a mortgage loan?

Think of a mortgage as your pathway to homeownership. It is a loan that helps you buy a home without having the full purchase price in hand. You borrow money and agree to pay it back over time in the form of monthly payments, with some interest and fees included.

How do you get preapproved for a home loan?

Before getting your heart set on a home, you’ll want to get preapproved for a home loan to ensure smooth sailing once you find “the one.” This involves providing your financial information to a lender who will evaluate your credit score and determine how much you can borrow.

FHA vs. conventional loans: What’s the difference?

FHA loans, also known as Federal Housing Administration loans, are backed by the government. In contrast, conventional loans come from private mortgage lenders and usually require a higher credit score.

Can you buy a house with bad credit or no credit?

Potentially yes, even with a lower credit score, obtaining a home loan might still be possible for you. An FHA loan could be a viable option as it's tailored to assist individuals with lower credit scores or limited credit histories.

Find the right home mortgage loan for your next chapter

Whether you're buying your first house, moving across the country or even downsizing as your family changes, the right home loan can help you achieve you goals.

Compare home loans

Home loans aren’t one-size-fits-all. Compare rates, requirements and terms to find the mortgage loan option that's best for you.

Conventional Loans
Find a flexible home loan option that isn't backed by the government.
Fixed-Rate Loans
Lock in a steady interest rate and predictable monthly payments.
HomeRun® Mortgage
Buy with as little as 3% down, no mortgage insurance and fixed rates. Select markets only.
Adjustable-Rate Loans
Start with a lower interest rate that may fluctuate over time.
Cash-Out Refinance
Fund renovations, expenses or debt consolidation with a new home loan.
FHA Loans
See if you qualify for a government-backed loan with flexible credit and low down payments.
Jumbo Loans
Finance higher-priced homes above standard loan limits.
VA Loans
Get a lower rate with no down payment if you're a veteran or in the military.

Dig deeper into mortgage loans

Home mortgage FAQs

Think of a mortgage as your pathway to homeownership. It is a loan that helps you buy a home without having the full purchase price in hand. You borrow money and agree to pay it back over time in the form of monthly payments, with some interest and fees included.
Before getting your heart set on a home, you’ll want to get preapproved for a home loan to ensure smooth sailing once you find “the one.” This involves providing your financial information to a lender who will evaluate your credit score and determine how much you can borrow.
FHA loans, also known as Federal Housing Administration loans, are backed by the government. In contrast, conventional loans come from private mortgage lenders and usually require a higher credit score.
Potentially yes, even with a lower credit score, obtaining a home loan might still be possible for you. An FHA loan could be a viable option as it's tailored to assist individuals with lower credit scores or limited credit histories.