Dana Anderson

Recent Articles

Suburban white house with large green front lawn.

4-minute read

What’s the average mortgage payment in Arkansas?

What’s the average mortgage payment in Arkansas? Learn how to calculate your payment and find out how it compares to nearby states.

A large brick house surrounded by trees.

9-minute read

What is home equity? A complete guide for homeowners

Home equity is the portion of your home you own. Learn how home equity works, how to calculate it, and common ways homeowners can leverage their equity.

A man looking at finances, possibly related to financial planning or reviewing financial data.

8-minute read

Home appraisal amount vs. loan amount

Understanding home appraisals is critical because they guide how much your home can be sold for or the amount of your mortgage loan.

Senior couple taking selfie while packing for vacation home travel.

7-minute read

Buying a second home: A how-to guide

Buying a second home is a little different than buying a primary residence. Learn about your loan options, financial requirements, and other key factors.

An image displaying a grey, single-story ranch-style model house with a well-maintained lawn and driveway.

3-minute read

What is an FHA amendatory clause?

Are you financing your new home with an FHA loan? The FHA amendatory clause is one step in the process. Learn how the clause impacts you as a home buyer.

8-minute read

How many home equity loans can I have?

While it's rare to have more than one home equity loan, nothing prevents you from having as many as you can qualify for. Learn when and how you can do this.<...

6-minute read

75% of Americans would rather renovate their home than take a dream vacation

A Rocket Mortgage survey reveals that, given the option, 75% of U.S. homeowners would rather renovate their home than spend that money on a dream vacation.

A women with her daughter holding a cat looking at some information on the laptop.

8-minute read

ARM vs. fixed-rate mortgage: What’s the difference?

ARMs (adjustable-rate mortgages) and fixed-rate mortgages have distinct pros and cons depending on your goals. Learn the key differences and how to decide.

A woman sitting at the kitchen table looking at her computer and on the phone.

5-minute read

Can I pay off my home equity loan early?

A home equity loan can give you purchasing power for home improvements or debt consolidation. But can you pay off a home equity loan early? Read on to find out.