Unless you’re paying cash in full for a home, you’ll need a mortgage. A mortgage is a loan that is used to buy your home. Talk to your bank/lender to determine a) the amount you qualify for to borrow, b) the interest rate you will borrow at, and c) the length of time you will have to pay it off, typically in monthly payments. To qualify for a mortgage, you must meet certain standards which will vary depending on your lender, so shop around to figure out what deal works best for you. You often need to meet income requirements, minimum credit score requirements (generally a score of 580-620 is the low end), and any debt you have will factor in as well (often in the form of a debt-to-income ratio).