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Several main types of home mortgages include purchase money mortgages, construction loans, and home equity loans. All home mortgages have one element in common; they are a financing option which is secured to real property. Outside of that specific commonality, the home mortgage industry is diverse with a multitude of lenders each offering their own mortgage products which often include fixed rate mortgages, adjustable rate mortgages, exotic financing, hybrid mortgages, as well as the home equity loans or lines of credit. Consider all the possibilities when seeking home mortgage financing.