Residential mortgages are home loans designed to help individuals and families purchase or refinance residential properties. These loans are secured against the property, allowing buyers to spread the cost of homeownership over an extended period, typically 15 to 30 years. With a variety of mortgage options available, including fixed-rate, variable-rate, and interest-only, borrowers can choose a solution tailored to their financial situation and long-term goals. A residential mortgage advisor helps navigate these options, ensuring clients secure the best terms and rates while simplifying the application process for a smooth and informed experience.