Author | Rocket Mortgage

What Are FHA Loan Down Payment Requirements?

4-minute read

Victoria Araj - June 09, 2023

FHA loans require a 3.5% down payment with a 580 credit score, and they require 10% down with a 500 score. Learn more about FHA loan down payment requirements.

Deed Vs. Title: Know The Difference

Home Buying - 5-minute read

Victoria Araj - June 09, 2023

It’s a common misconception that the terms title and deed mean the same. They don’t. Learn the differences so you’ll be prepared for your home sale or purchase.

Deed Of Trust: A Definition

Mortgage Basics - 4-minute read

Victoria Araj - June 09, 2023

A deed of trust is an agreement between home buyers and lenders at the closing of a property. Learn about deeds of trust and how they differ from a mortgage.

How Much Does It Cost To Refinance A Mortgage?

Refinancing - 8-minute read

Victoria Araj - June 09, 2023

The cost to refinance a mortgage includes application, appraisal and attorney fees. Learn more about how refinancing works and how much it costs.

Senior Refinance Programs For Mortgages, And Who Qualifies

Refinancing - 9-minute read

Victoria Araj - June 08, 2023

Your real estate aspirations don’t have to end after retirement. Learn more about the programs that can help you qualify for a new mortgage or
refinance.

What Is An Abstract Of Title In Real Estate?

3-minute read

Victoria Araj - June 08, 2023

An abstract of title is a document that shows all legal documentation associated with a property. Learn why an abstract of title in real estate is important.

Cash-Out Refinance Vs. HELOC: Which Is Best For You?

Loan Types - 8-minute read

Victoria Araj - June 08, 2023

Cash-out refinances and HELOCs can help homeowners secure funds when they need them. Learn the difference between the two and choose which is best for you.

FSBO Meaning: Buying A House That’s For Sale By Owner

Home Buying - 6-minute read

Victoria Araj - June 07, 2023

Buying a house that’s listed as for sale by owner (FSBO) is different from buying through a real estate agent. Discover the process of buying an FSBO home.

What To Know About Getting A Mortgage While You Still Have Student Loan Debt

Home Buying - 7-minute read

Victoria Araj - June 07, 2023

If you have student loans, you might be wondering if it’s still possible to get a mortgage for a new home. Here’s everything you need to know about the process.

The Best Time Of Year To Buy A House

Home Buying - 7-minute read

Victoria Araj - June 07, 2023

Wondering about the best time of year to buy a house? We’ve broken down all of the factors to consider, including the season, weather, price and more.

Your Best Home Buying Checklist

Home Buying - 10-minute read

Victoria Araj - June 07, 2023

Buying a new home is a complex undertaking, even if you’ve been through it before. Our easy-to-follow home buying checklist breaks the process down.

What Home Buyers Need To Know About Appraisal Gaps

Home Buying - 6-minute read

Victoria Araj - June 07, 2023

An appraisal gap occurs when a home appraisal comes in lower than an accepted offer. Learn more about what an appraisal gap is and how a home buyer can react.

What Is An Appraisal Contingency?

Home Buying - 7-minute read

Victoria Araj - June 07, 2023

An appraisal contingency can give home buyers peace of mind about the purchase price of a new home. Learn how appraisal contingencies work, and if you need one.

8 Great Tips For Refinancing Your Mortgage

Refinancing - 8-minute read

Victoria Araj - June 07, 2023

Not sure what to look for or expect when refinancing your mortgage loan? Uncover some helpful tips for refinancing so you can better understand the process.

Refinancing After Divorce: Here’s What You Need To Know

Refinancing - 3-minute read

Victoria Araj - June 07, 2023

Refinancing after divorce is a good way to divide up property and remove one party’s name from the mortgage. Learn more about post-divorce refinances here.

What Is A Probate Sale?

6-minute read

Victoria Araj - June 06, 2023

A probate sale happens when someone dies and doesn’t have a will listing their beneficiaries. Uncover how probate home sales work and whether they interest you.

What Is Chain Of Title And Why Is It Important?

Mortgage Basics - 4-minute read

Victoria Araj - June 03, 2023

Chain of title represents the complete and unbroken ownership of a property. Learn more about chains of title in real estate and why they’re important here.

How To Avoid Foreclosure On Your Home

6-minute read

Victoria Araj - May 24, 2023

Learn how to avoid foreclosure on your mortgage if you’re in financial trouble. Know your options to keep your home and minimize long-term financial impact.