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M&S Bank has started offering a range of mortgages, including some targeted at first-time buyers.
Laurence D. Fink, BlackRock's chairman and chief executive, said his firm would invest in a broad range of mortgages and related securities through the Treasury plan.
In some euro-zone countries, the size of loans is limited by law, in others a lack of competition restricts the range of mortgages.
The government still would guarantee a broad range of mortgages, but only if lenders first purchased a guarantee from a private insurer.
Nationalised lender Northern Rock has launched a new range of mortgages that require just a 10% deposit – or 90% loan-to-value – as lenders become more willing to take on extra risk.
RBS said it would offer a range of mortgages at 95% loan to value, with the aim of helping 25,000 homebuyers, and that opening hours would be extended in many branchesto cope with demand.
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The service retrieves the consumer's credit score and, a moment later, displays rates for a range of mortgage products.
Compared with the loan officer at a local bank, brokers typically offer a wider range of mortgage products from a variety of lending institutions.
The two lenders said they were "the only banks offering this innovative approach as part of their range of mortgage products".
For now, though, he said dozens of lenders sell loans through the service, and the range of mortgage products includes the most frequently requested products, like conventional loans and mortgages from the Federal Housing Administration and the Veterans' Administration.
The most covert is HSBC and its sister bank First Direct, both of which advertise a range of mortgage deals for existing customers on their websites, but keep their best deals secret.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com