Tech Insider

Our experts answer readers' home-buying questions and write unbiased product reviews (here's how we assess mortgages). In some cases, we receive a commission from our partners; however, our opinions are our own.

couple hug while standing on the balcony of their home
Mortgages can be broken down into two main categories: conventional and government-backed.

Kelvin Murray/Getty Images

Tags
Personal Finance, Mortgages, Personal Finance Insider, pfi, TOC-jump-to, PFI Reference, PFI Bankrate Cashout Refi, PFI Money, PFI Storytelling, FAQ Page
Source
What is a mortgage, and how does it work?