Featured resources

10-minute read

VA renovation loan: How to qualify and apply

A VA home renovation loan lets you bundle your home purchase and renovation costs into a single loan. Learn about veterans' renovation loans and requirements.

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5-minute read

HELOC vs. second mortgage: Which is right for you?

A home equity line of credit is a type of second mortgage. Learn how HELOCs compare to other options to determine which is right for you.

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9-minute read

How long does it take to get a home equity loan?

It takes time to apply and get approved for a home equity loan. Find out about how long the process takes from start to finish, as well as what to expect.

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8-minute read

HELOC vs. home equity loan: Which is best for you?

Deciding between a HELOC and a home equity loan? Learn the key differences in interest rates, flexibility, and repayment to choose which is better for you.

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11-minute read

Using a home equity loan to pay off credit card debt

Explore using a home equity loan to pay off credit card debt, compare risks, costs and alternatives, and see steps to decide if it fits. Learn more.

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8-minute read

What is a home equity loan? A complete guide

A home equity loan is a second mortgage that allows you to use your home as collateral to borrow a lump sum. Read this complete guide to home equity loans.

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9-minute read

Self-employed home equity loan: How to qualify

Learn how to qualify for a self-employed home equity loan, what documents lenders may request, and compare alternatives. Apply online with Rocket Mortgage.

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5-minute read

A guide to home equity loan closing costs

Home equity loan closing costs typically range from 3% – 6% of your loan amount. Learn what fees are included and how to lower your total borrowing cos...

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8-minute read

How to use a home equity loan to buy another house

Learn how using a home equity loan to buy another house works, plus pros, risks, alternatives, and steps to compare financing options before you apply.

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11-minute read

Home equity loan appraisal: What homeowners should know

Learn how a home equity loan appraisal works, what appraisers look for, and how to prepare your home so you can estimate borrowing power and apply confidently.

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5-minute read

No-closing-cost mortgage: Does it make sense for you?

Closing costs can sometimes present a financial barrier for home buyers. In cases like these, applying for a no-closing-cost mortgage can potentially help.

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8-minute read

Reverse mortgage vs. home equity loan vs. HELOC: How to choose

You can use your home's equity through a reverse mortgage, home equity loan, or HELOC. Take a look at our guide to learn the pros and cons of each.

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9-minute read

Home equity loan vs. personal loan: What's the best option?

While both home equity loans and personal loans have their own advantages, they differ in important ways. Learn about the benefits and drawbacks of each.

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7-minute read

What is the Section 504 Home Repair program?

Learn how the Section 504 Home Repair program works, including USDA loan and grant limits, eligibility, approved repairs, and how to apply. Get details today...

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8-minute read

Buying a short sale with an FHA loan: What to know

Buying a short sale with FHA loan can work if the home qualifies. Learn FHA rules, repair options, timelines, and steps before making an offer.

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7-minute read

FHA vs. conventional mortgage loan: Definition and differences

Conventional mortgages and FHA loans have many similarities and differences. Learn how each loan type works to decide which one is most affordable for you.

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12-minute read

What is a nontraditional mortgage?

Learn what a nontraditional mortgage is, common loan types, qualification options, and key risks to weigh before you apply. Explore your mortgage options.

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10-minute read

FHA multifamily loans: Requirements, limits and options

Learn how FHA multifamily loans work for 2- to 4-unit homes, including occupancy rules, loan limits, down payments and alternatives. Explore your options.

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