Which of the following primarily provides loans for home purchases?

Understand the Problem

The question is asking which type of company primarily provides loans specifically for purchasing homes. This requires knowledge of financial institutions and their roles.

More Information

Mortgage companies are financial institutions that specialize in originating mortgage loans used for purchasing homes. They often obtain funds from other financial entities to facilitate these loans.

Tips

A common mistake is assuming any financial institution might provide home loans, but only mortgage companies typically do this. Always verify the primary function of each type of institution.

Sources

• Which of the following primarily provides loans for home purchases? - homework.study.com