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Mortgage Basics

Mortgage Basics

229 articles

Learn about general mortgage topics and terms.

Featured Story - 16-minute read

What Is A Mortgage? Loan Basics For Beginners

Viewing 1 - 6 of 243

Closing Costs: What Are They, And How Much Will You Pay?

Mortgage Basics - 13-minute read

Miranda Crace - March 19, 2023

It can be tricky to sort through closing costs, so we broke down what they are, how much they cost, who’s responsible and how to minimize your expenses.

Mortgage Processor Defined, Plus How To Become One

Mortgage Basics - 5-minute read

Victoria Araj - March 29, 2023

Mortgage processors administer borrowers’ loan applications before they get approved. Learn how processors help secure loans, plus what it takes to work as one.

Have You Seen These Mortgage Rates?

Mortgage Basics - 4-minute read

Kevin Graham - March 29, 2023

If you haven’t looked at mortgage rates lately, they’ve gotten really good. How good? Think a rate under 3%! Read on for details!

[Black Wealth] What Millennials Can Teach Us About Economics, Homeownership, & Sharing

Mortgage Basics - 5-minute read

Stacey Tisdale - March 29, 2023

The National Association of REALTORS^® finds that millennials made up the largest share of home buyers in 2020, with many leaving city rental properties and buying residences in the suburbs.

Pay Off Mortgage Or Invest: How To Make The Right Choice

Mortgage Basics - 7-minute read

Sidney Richardson - March 29, 2023

Deciding whether to pay off a mortgage or invest can be tricky. Consider all of the potential financial risks and rewards before making this decision.

Defeasance Clause: Definition And Overview