Mortgage Basics

Learn about general mortgage topics and terms.

A woman sitting on a couch talking on the phone about financing.
Featured story - 12-MINUTE READ

What Is A Mortgage? Loan Basics For Beginners

Read More

Mortgage Guide

Learn how mortgages work and what it will mean for your finances to have one

Mortgage Terminology

Get clarity on the unique language of mortgage loans

Servicing

Answer your questions about escrow, extra payments, and more

Related Resources

1-6 of 286

Woman sorting letters at a desk.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - Dec 6, 2024

Mortgage Servicing Transferred? Here’s What You Should Know

Have you received word that your mortgage servicing has been transferred? We’ll go over why this happens, what changes,’ and what to expect.

A beautiful red brick house representing good architectural design.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - Nov 26, 2024

Mortgage Loan Limits Are On The Rise

Rocket Mortgage has updated conventional loan limits. Mortgage limits have gone up for most. Read on for details as well as FHA and VA loan limits.

A young man sitting on his home couch looking at something on his laptop.

Mortgage Basics - 7-MINUTE READ

Victoria Araj - Nov 25, 2024

Common Mortgage Scams And How To Avoid Mortgage Fraud

Mortgage fraud impacts every aspect of the home buying process. We’ll go over common mortgage scams and how you can avoid or spot them.

A man and women unboxing cardboard boxes after moving into the new residence.

Mortgage Basics - 5-MINUTE READ

Miranda Crace - Nov 19, 2024

What Is Loan-To-Value Ratio (LTV) And How Is It Calculated?

Your loan-to-value ratio (LTV) measures your loan amount against the value of the home you're buying. Figure out how your LTV ratio is calculated.

A stylish young man with tattoo sleeves working on a computer.

Mortgage Basics - 5-MINUTE READ

Scott Steinberg - Nov 15, 2024

What Is The Prime Rate And How Does It Work?

The prime rate is an index that helps determine rates on loans. But how does that work? In our guide, you’ll learn how the prime rate affects your wallet.

The Federal Reserve Bank building.

Mortgage Basics - 5-MINUTE READ

Sarah Lozanova - Nov 15, 2024

How The Federal Funds Rate Affects Mortgage Rates

The federal funds rate helps regulate the U.S. economy, but it can also affect mortgage rates. Learn how it can affect you as a home buyer and homeowner.

Take the first step toward the right mortgage.

Apply online for expert recommendations with real interest rates and payments.