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Home ownership is the foundation of the American dream and a top financial goal for many people. But with the median listing price for homes on the market at just over $250,000, according to Zillow, most homebuyers need to finance their purchase with a mortgage instead of paying cash.

A mortgage is a loan secured by real estate, typically a residential property. When looking to obtain a mortgage to buy a home, you’ll want to compare conventional vs. government-backed loans

Top Mistake People Make When Applying for a Mortgage | Home Loan Application Mistakes When you buy a home, you’re in it for the long haul. You’ll have a mortgage payment for 15, 20 or 30 years, after all, so it’s smart to shop around to find the best mortgage lenders out there.

Fha Home Loan Process fha home loan process. fill out the Application. Fill out the online application. You will include income, employment and credit

Use LendingTree’s Lender Ratings & Reviews as a resource to help you select a loan company. Find out how our consumers have rated the lenders on our network.

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