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Auto loans: Used to purchase a vehicle. Mortgage loans: Used to buy or refinance a home. Student loans: Used to pay higher ...
A jumbo loan is a mortgage for more than $806,500 in 2025. You'll have to meet stricter requirements to receive a jumbo loan, including a bigger down payment. Jumbo mortgage rates may be lower ...
This is different from a fixed-rate mortgage, which locks in your rate for the entire life of your loan. For example, if you have a 30-year fixed-rate mortgage, you'd pay the same rate for all 30 ...
An FHA loan is a type of mortgage geared toward borrowers with lower credit scores or who otherwise don't qualify for a conventional loan. You can use an FHA loan to buy, build or renovate a home ...