How Is a Mortgage Different From a Loan? | Tailored mortgage solutions to secure your dream home, start your process online with Mandeep Maan at breezeful Mortgages

Mortgages are secured loans specifically used to purchase or refinance Real Estate properties.

Personal loans can be secured or unsecured and cover expenses like cars, education, or vacations.

Mortgages require down payments, offer lower interest rates, and have longer repayment terms than most loans.

Loans range from $100 to tens of thousands; mortgages usually start at hundreds of thousands.

Mortgages include fixed, variable, open, closed, and hybrid options with terms up to 30 years.