One of the biggest purchases you’ll ever make is buying a home. The homebuying process can seem complicated at times, but it doesn’t have to be difficult. Our goal at LendingTree is to help you find the right home financing with the right mortgage lender. Whether you’re a first-time homebuyer or a pro buying an investment property or vacation home, you want to be prepared.
Do you already have a home loan? We can also help you refinance your mortgage and save money.
You can get up to five free mortgage offers in minutes. There are no hidden fees or obligations. Comparing quotes is a great first step to buying your dream home.
What is a mortgage?
A mortgage is a legal agreement between a borrower and mortgage lender. The lender provides money to the borrower to purchase real estate, and in exchange, the borrower agrees to repay the loan, plus interest. The mortgage is secured by the real estate — for example, a home — so if the borrower fails to repay the loan, the lender can repossess the home through foreclosure and sell it to pay off the loan.