Miami, known for its vibrant culture, beautiful beaches, and booming economy, attracts many individuals and families who aspire to own their own homes. To achieve this goal, many people turn to residential mortgages, which are loans specifically designed for purchasing residential properties. These mortgages provide buyers with the necessary funds to purchase a home, with the property itself serving as collateral for the loan. Whether it is a single-family home, a townhouse, or a condominium, residential mortgages cater to different types of properties, ensuring that there is an option available for every buyer.