Mortgage Loans

Getting Settled in new home

What’s The Mortgage Loan Process

Ready to live in your dream home? Approved Cash can help you get there.

What is a Mortgage Loan?

Mortgage loans, often shortened to “mortgages,” are loans you can get to purchase a house. There are several types.

Fixed-Rate Mortgages

A fixed rate mortgage’s interest rate doesn’t change. Because you can get fixed interest rate loans with term lengths of 10, 15, 20, 30, and 40 years. 15-year and 30-year fixed rate mortgages are the most popular loans.

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