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

7-minute read
Mortgage transfers: A complete guide
If you want to hand your mortgage over to someone else, you’ll need to apply for a mortgage transfer. Learn more about transfers, who qualifies, and more.
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5-minute read
Debt-to-income ratio (DTI): What is it and how is it calculated?
Your debt-to-income ratio measures the difference between your obligations and your income. Learn how to calculate DTI and what it means for mortgages.
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6-minute read
What is a zombie foreclosure?
Zombie foreclosures demonstrate the risks of leaving before foreclosure ends. Understand these homes and their potential to resurface and create problems later.
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8-minute read
Co-signing a mortgage loan: What both parties need to know
Getting a co-signer can help make homeownership possible and can be a great option, but there are some risks to the co-signer. Here’s what you need to kno...
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3-minute read
Rocket Money simplifies managing your finances
We’re excited to welcome Rocket Money to the Rocket family. Read on to learn about this excellent personal finance app and a special offer for our clie...
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5-minute read
What is the prime rate and how does it work?
The prime rate is a desirable borrowing interest rate offered by lenders to creditworthy applicants. Here’s what mortgage applicants need to know.
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