Mortgage Loans

Own a Home? You Might be Eligible for a Home Equity Loan
Loans.net allows you to compare and save on mortgage loans

Are you trying to purchase a new property? If so, you might be in the market for a mortgage loan. In simple words, a mortgage loan is a secured loan that is made available against real property as collateral. There are many types of mortgage loans and typically their characteristics vary based on size of loan, maturity, interest rate, repayment terms, and various other parameters. Mortgages can be obtained for different types of real properties, including residential and commercial properties.
At Loans.net you can compare and apply for mortgage loans

At Loans.net, we have made your job easier by assembling an array of mortgage loan lenders -- all aggregated at one place so you don't have to jump from one site to the other. Complete one simple application and we will connect you to the best mortgage loan lenders in the market (nationwide).

While mortgage loans come with various features, they are broadly categorized as fixed interest or variable interest mortgage loans (floating or adjustable mortgage loans). A combination of the two is also possible.

Typically, the variable interest mortgage loan will be fixed interest for a pre-specified duration, after which it will become variable again in response to some market index it is tied to. On the other hand, a fixed interest mortgage loan will be fixed at a certain interest rate for the duration of the loan's life, which in turn could range from ten to 30 years.
Mortgage loan tips


Many times, the interest rate charged on a mortgage is tied in to your credit score. The higher your credit score, the better your chances for obtaining a low interest rate loan.
Before applying for a mortgage loan, please read the loan's terms with extreme caution. There may be many aspects for which you may want to consult an attorney.
In addition to interest rate charged on the mortgage, be sure to evaluate other parameters as well, including monthly payment, duration of loan, your financial ability, repayment terms, early repayment penalty, etc.
If you need clarification on any terms, don't hesitate to contact Loans.net or the lender directly.