There are different kinds of home loans options that are made to suit each unique situation. You can take home loans to buy properties that are either commercial or personal in nature. Here are some of the different kinds of home loans you can take.

1. Home Purchase Loan - You can buy any house or home that is within your budget

2. Construction Home Loan – You can use this loan to cover the costs of building a house

3. Land Purchase Loan - You can use this loan to buy a piece of land

4. Home Improvement Loan – You can use this loan to renovate and improve your house