Best Mortgage Purchase Loans

Reviews and Comparisons

For most people purchasing a house without a loan is impossible. If you plan to buy a house, you will need to find a special type of secured loan called a mortgage. The security part of the loan is your house which can be repossessed if you default on the payments.


Mortgage Purchase Loan Common Questions

See some common questions and answers below

  • What Are Mortgage Loans?

    Mortgage loans are large loans made over a long period of time, generally more than 15 years. There are many types of mortgage loans -rural, veterans, first time buyer, etc - so always look for the best option for your unique situation.

  • How Can Mortgage Loans Help?

    Since the average mortgage loan is $217,845, most people cannot save up enough money to purchase a house outright. A mortgage loan can help you to buy a house and acquire at least part of the American Dream.


  • Who Should Get Mortgage Loans?

    If you are purchasing a house, you will need to find a mortgage loan. They are available from the federal government, banks, and other financial institutions.


  • How Much Do Mortgage Loans Cost?

    The average mortgage in the US is $217,845. Your mortgage amount will depend on your credit history, the cost of the house, how much money you can put down, appraisal costs, and other fees. The average monthly payment in the US is $1,160.


"I decided to shop around, Drop My Bills found me and connected me to better. I save so much!

Sometimes, you get tired of clicking and scrolling. Sometimes you just need to find a solution that allows you compare and review products and services. We get it! That's why we started Drop My Bills, after years of noticing consumers falling victim to bad services and racking up financial distress, we decided to create a better way for people to understand their options and to stay on track with financial success.