If you are considering borrowing money to buy a home, you should understand what the benefits and disadvantages are. First, buying a home allows you to grow your wealth; for many people, their family home is their greatest investment. Why People Get Home LoansMost people cannot afford to purchase a home using only cash; they will ultimately have to decide what type of home loans work best for their needs. Most new homeowners will decide on a fixed-rate mortgage; this is because it allows them to know ahead of time how much their monthly payment will be. These loans provide