Additional loans

Learn about less common types of mortgages and whether they're right for you

Couple laughing in living room together.

Featured resources

A house at dusk, depicting a home during twilight or evening.

6-minute read

40-year mortgage: An explanation and the pros and cons

A 40-year mortgage can lower monthly payments, but it costs more and isn’t widely available. Learn how a 40-year home loan works, pros and cons, and al...

A father swinging his daughter in front yard of a house.

4-minute read

Wraparound mortgages explained: Everything you need to know

Wraparound mortgages offer the convenience of seller-backed financing, but they aren’t without risk. Learn more about this mortgage loan type here.

Individuals at a bank discussing a loan or financial matter.

5-minute read

A complete guide to short-term mortgages

A short-term mortgage lets you pay off your home much faster, but it comes with higher payments. If you can afford it, though, you'll save huge on interest.

Interior of luxury high rise condo living room.

9-minute read

Condo financing: How condo loans work

Applying for a condo loan? Learn how condo financing works, what lenders review about the HOA and building, and which loan programs can help you qualify.

A dark brown and light brown speckled brick home with a white sandstone garage, showcasing unique exterior materials.

10-minute read

What is a purchase-money mortgage?

This type of financing is unique because a purchase-money loan allows the buyer to finance the seller. Her...

Woman bending down next to donkey in field with other farm animals in background.

6-minute read

USDA construction loan requirements: Everything you need to know

A USDA home building loan can help you construct a loan in an approved rural area. If you qualify, this type of loan has many benefits.