Author | Rocket Mortgage

A Guide To Understanding Bundle Of Rights In Real Estate

Home Buying - 4-minute read

Molly Grace - June 24, 2022

A bundle of rights describes the legal rights associated with property ownership: the right of possession, control, enjoyment, disposition and exclusion.

Conforming Loan Limits In 2022

Loan Types - 4-minute read

Molly Grace - June 23, 2022

Conforming loan limits increase every year to adapt to the rise in home prices. Learn how much the conforming loan limit is for 2022 and more with our guide.

The Good Neighbor Next Door Program: A Guide

Loan Types - 4-minute read

Molly Grace - June 21, 2022

Good Neighbor Next Door offers a 50% discount on HUD homes to certain public servants. Find out how GNND can help you buy your next home for half price.

Who’s Responsible For A Mortgage After The Borrower Dies?

Mortgage Basics - 4-minute read

Molly Grace - June 17, 2022

Ever wondered what happens to a mortgage when you die? Let’s examine what happens to a home when the owner passes away and what to know if you inherit a home.

Why You Should Consider Putting Your House Into A Trust

Home Buying - 6-minute read

Molly Grace - June 17, 2022

Putting a house into a trust will help your trustee avoid a long and expensive probate trial when acquiring your property. Here’s what you should consider.

Drive-By Appraisal: Defined And Explained

5-minute read

Molly Grace - June 15, 2022

A drive-by appraisal is an appraisal of the exterior of the property only. Find out when and why they’re used and how they work.

House Title: What You Need To Know

Home Buying - 7-minute read

Molly Grace - June 15, 2022

A house title represents the legal documentation that grants property owners their ownership rights. Read on to learn more about how house titles work.

FHA Vs. VA Loans: What’s The Difference, And Which One Is Best For You?

Loan Types - 5-minute read

Molly Grace - June 13, 2022

FHA loans and VA loans can be great borrowing options for aspiring homeowners. Learn more about the differences between these two mortgage loan types here.

Everything You Need To Know About Hybrid Appraisals

Home Buying - 4-minute read

Molly Grace - June 10, 2022

A hybrid appraisal can be a faster, less expensive and more COVID-friendly way to get a valuation on your home. Learn if one is right for you.

Liens: Everything You Need To Know

Mortgage Basics - 5-minute read

Molly Grace - June 02, 2022

A lien refers to a legal claim against assets that can be used as collateral to repay debt. Read on to learn how property liens work, plus how to remove them.

A Guide To Buying A House In A Flood Zone

Home Buying - 5-minute read

Molly Grace - June 01, 2022

If you’re considering buying a house in a flood zone, you should weigh the pros, cons and potential risks. Read on to learn more about moving into a flood zone.

Mortgage Insurance Premium (MIP) Vs. Private Mortgage Insurance (PMI): How Do They Differ?

Mortgage Basics - 6-minute read

Molly Grace - May 18, 2022

As you learn more about mortgage insurance, you’re likely to come across two important acronyms: MIP and PMI. Learn more about the difference between them here.

Single-Family Home: What You Should Know

Home Buying - 5-minute read

Molly Grace - May 06, 2022

Searching for a new home? Learn why single-family homes are the most common housing option in the United States, and whether it will fit your budget and needs.

What Are Mortgage Servicing Companies?

Servicing - 4-minute read

Molly Grace - May 03, 2022

Mortgage servicing companies handle the day-to-day administrative tasks related to your loan. Learn what they do and how they're different from your lender.

How To Buy A House With Low Income: Tips And Strategies To Help You Become A Homeowner

Home Buying - 8-minute read

Molly Grace - April 28, 2022

Becoming a homeowner doesn’t have to be an impossible dream. Learn more about the programs and strategies that can help you buy a home on a low income.

What Is An Escrow Waiver And Should You Get One?

Home Buying - 8-minute read

Molly Grace - February 28, 2022

When you make your mortgage payment, you’re likely paying extra into escrow for your insurance and taxes. Find out whether an escrow waiver is right for you.

How Regulation Z Protects Borrowers

Mortgage Basics - 4-minute read

Molly Grace - February 28, 2022

Regulation Z was meant to correct corrupt lending practices. Today, it’s created a safe environment for borrowers to trust their mortgage options.

Water Rights: Everything Homeowners Need To Know

Home Buying - 6-minute read

Molly Grace - February 27, 2022

If you’re looking to buy a home, it’s important to understand the water rights laws in your area. Learn more about what water rights are and how they work here.