Dana Anderson

Recent Articles

White ranch style home with blue shutters and raised garden beds out front.

7-minute read

Surprising factors that can affect a home appraisal

Your home’s location, layout, and curb appeal can all affect your appraisal. Here’s what you need to know about your appraisal and how to prepare fo...

A worker painting a roof, likely involved in maintenance or renovation work on a building.

6-minute read

Builder’s risk insurance: A complete guide

Builder's risk insurance offers financial protection for properties under construction. Learn what it covers, what it doesn't, and when you need a policy.

Calculation-related imagery, potentially representing financial planning or mortgage calculations.

5-minute read

What is IRR (internal rate of return)?

IRR, or internal rate of return, is a metric investors use to evaluate real estate investments. Discover how IRR is calculated and how to use this number.

Woman looking at paperwork while on phone, sitting at desk with two computer monitors.

8-minute read

What is a crypto mortgage?

A crypto mortgage is a loan that utilizes cryptocurrency holdings, such as Bitcoin, as collateral. This is how they work and why they are gaining popularity.

Woman using a phone and a MacBook, potentially managing finances or conducting research online.

6-minute read

Mortgage principal definition and basics

The mortgage principal is the amount you borrowed for your loan, while interest is the fee for use of the loan. Learn how each makes up your monthly payment.

Dad and daughter playing with mother and daughter smiling nearby.

4-minute read

A homeowner’s guide to property tax in Michigan

How high are property taxes in Michigan? Rocket Mortgage’s guide to Michigan property t...

A young woman working on a laptop, possibly in a home or office setting.

6-minute read

DSCR: What it is and how to calculate it

Debt service coverage is a measure used by businesses and lenders to measure healthy debt management. Learn how to calculate it for yourself.

Image of an African American family, enjoying in the backyard while also grilling something.

11-minute read

What is a reverse mortgage and how does it work?

A reverse mortgage allows older homeowners to turn their home equity into cash they can use to stay in their home. Learn how a reverse mortgage works.

An image suggestive of commercial property, potentially related to business or investment properties.

7-minute read

Buying commercial property for beginners: How to start

Buying commercial property is a great first step for future real estate investors. Learn how to get into commercial real estate with our comprehensive guide....