Mortgage basics
Learn about general mortgage topics and terms.

What is a mortgage? Loan basics for beginners
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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
Featured resources

6-minute read
What is assessed value and how is it determined?
Learn what assessed value means, how it's calculated, and how it affects property taxes. Know the differences between assessed, appraised, and market values.
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6-minute read
What does collateral mean and how does it work?
Collateral is an asset used to secure a loan. If a borrower defaults, the lender can take the collateral to recover losses.
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7-minute read
What does mortgage delinquency mean?
Mortgage delinquency means that a borrower’s payment is at least 30 days overdue. Understand how late payments affect your credit and your financial futur...
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8-minute read
Mortgage interest deduction: A guide for the 2025 tax year
Learn how the 2025 mortgage interest deduction works, what qualifies, and whether itemizing or the standard deduction saves you more.
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6-minute read
What is the average mortgage payment in Florida?
Wondering about Florida’s average mortgage payment? Explore the state’s trends, interest rates, and what to expect when buying a home in the Sunshin...
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4-minute read
Understanding types of assets
What are assets? Find out the different types of assets to help manage your finances, build wealth, and make smart financial decisions.
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