Many places offer home loans to buyers. You can consider obtaining a loan from a bank, credit union, savings & loans, insurance company and mortgage bankers just to name the more popular options. However, since most home loans are standardized by government rules, you can comparison shop fairly easily between places.

Comparing loans and fees amongst different lenders is the best way to get the best deal. But, first you have to figure out what kind of mortgage you want – fixed-rate, adjustable-rate or any of the hybrids that are available. Once you’ve decided then you can compare the mortgages offered by different companies.

Beyond checking the normal avenues for mortgages, you should also look into government-subsidized mortgages. The government offers loans that have low to no down payments. In addition, ask any lenders that you are speaking with about first-time buyer programs if you qualify for them.

A final way to get the money for a home loan is through private sources of money. You can borrow money privately from your parents, relatives, friends or the seller of the house on occasion. As investors want to put more money into real estate, this is becoming a more popular option.