There are several types of mortgages available: - Conventional — Standard loans with 5-20% down. Good credit required. - FHA — Government-backed, as low as 3.5% down. Great for first-time buyers. - VA — For veterans and active military. Zero down payment. - USDA — For rural properties. Zero down payment for qualifying areas. - Jumbo — For high-value properties exceeding conventional loan limits. Your interest rate depends on credit score, down payment, and market conditions.