Real Estate Loans or Mortgages are the loans available to purchase homes and property. There are many different types of Real Estates Loans for many different situations. Traditional Real Estate Loans require 20% to be put down by the purchaser but there are loans that require 15%, 5%, and even no down payment. Real Estate Loans have varying interest rates and payments schedules. Applying for a Real Estate Loan can be an easy process and having pre-approval can make purchasing the property much quicker. Real Estate Loans are given based on a person�s credit rating and financial standing. The standard formula is 25%-33% of your income would be expected for you to pay your monthly payment. The lending institution will give you a certain loan amount and rate based upon these factors.