Recent Articles

Two girls smiling and laughing on a bed.

6-minute read

Prepayment penalty: What it is and how to avoid it

A lender may charge a prepayment penalty when you pay off your mortgage early. Find out what triggers the penalty, how much it can cost, and how to avoid it.

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A man inspecting the underside of a kitchen sink while holding a clipboard.

5-minute read

A guide to new construction phase inspections

New construction phase inspections can help ensure your new home is built to last. Explore the three phases, their costs and why they’re important.

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Family with five daughters and large dog, possible a military family, in front of grey home.

9-minute read

Can you refinance a VA loan?

Are you considering refinancing a VA loan? Learn about VA-backed and conventional refinance options and requirements to determine which works best for you.

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Man in suit jacket with clipboard appraising a home while standing in the living room.

9-minute read

How long after an appraisal do you close?

Wondering how long after the appraisal you can close on your house? Learn how appraisals impact your loan and closing timeline, and key factors to consider.

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An image showing a couple discussing finances, possibly related to financial planning or discussions.

4-minute read

A guide to broker price opinion (BPO)

A broker price opinion (BPO) estimates a property's value based on comparable sales. Learn when a BPO is often used and how it differs from an appraisal.

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Beachfront home against a blue sky, representing luxurious coastal properties.

6-minute read

What is rental property depreciation and how does it work?

Real estate depreciation is a rental tax break available to landlords. The IRS assumes a property will depreciate by 3.6% per year and lets you deduct the lo...

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A backyard villa, showcasing an outdoor residential space or vacation property.

5-minute read

Assessed value vs. market value: Your questions answered

Confused about a property tax assessment vs. market value? The two similar terms both have to do with property value, but they are determined differently.

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Backyard patio of a home with a firepit and a pool.

10-minute read

Home equity loan on an investment property: A guide

Are you considering tapping into the equity of your investment property? Learn about whether a home equity loan on an investment property is right for you.

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Rental owner showing potential renters around a property, giving a tour of the premises.

6-minute read

Financing multiple rental properties: A beginner's guide

Investment home financing can get complicated, especially with multiple properties. Let Rocket Mortgage help you get started.

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