Featured resources
5-minute read
What happens if the appraisal is lower than the offer?
What happens if your home appraisal comes in lower than your offer? Learn about your options if your home appraisal value is less than the purchase price.
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6-minute read
Types of eClosing and how they work
Looking for digital options to close on your new house? Learn about the different types of eClosings available to you and Rocket Mortgage®
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5-minute read
How much of your income should go to your mortgage?
Are you preparing to buy a house but are unsure how much income should go to your loan payment? Learn what percentage of income is needed for mortgage approv...
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4-minute read
What is a mortgage processor, and what do they do?
A mortgage processor guides borrowers through the loan application process by collecting documents and information. Learn how they help secure mortgage loans.
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9-minute read
What does inflation do to mortgage rates? A guide for uncertain times
When inflation increases, interest rates on new mortgages and ARMs increase too. Learn more about the relationship between inflation and mortgage rates.
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5-minute read
Interest rate vs. home price: Which matters more?
If you’re a prospective home buyer, looking at interest rates vs. home price can help you decide your budget. Get familiar with what these metrics can ...
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11-minute read
How to buy a house with no money down
If you’re struggling to come up with a down payment, you may still be able to qualify for a home loan. See your options for buying a house with no money d...
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9-minute read
Qualifying for a mortgage: The basics
Many factors can determine whether you qualify for a mortgage. Learn what factors affect your mortgage qualification and how you can improve your chances.
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8-minute read
What Is Fannie Mae (FNMA)? A guide for home buyers
The Federal National Mortgage Association (FNMA), or Fannie Mae, purchases and backs mortgage loans for borrowers. Learn more about how Fannie Mae works.
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7-minute read
Should you pay off your mortgage early?
Paying off your mortgage early reduces the amount that you’ll pay over time, but is it a good idea? Figure out if paying your mortgage early is worth i...
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4-minute read
Variable interest rate: Should you get one?
Unlike a fixed interest rate, a variable interest rate changes over time based on a predetermined index. Learn how these rates work and why you might want on...
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7-minute read
Capital gains tax on real estate and home sales: A guide
Are you required to pay the capital gains tax on your real estate property? Review our guide to learn what the capital gains tax is, when to pay it and more....
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11-minute read
How rising fed interest rates can affect home buyers and sellers
The Fed rate hikes have raised mortgage interest rates in 2022. See how higher Fed interest rates affect home buyers and sellers and what borrowers can do ne...
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6-minute read
How to calculate your monthly mortgage payment: A guide
Are you wondering how much your estimated monthly payment would be on a mortgage? Check out our guide and learn how to calculate your mortgage payment.
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8-minute read
Mortgage protection insurance explained: Does every homeowner need it?
Mortgage protection insurance is an insurance policy that helps the family of the policyholder make mortgage payments after they die. Read on to learn more.<...
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5-minute read
Get a leg up on the competition with Verified Approval
A Verified Approval allows you to confidently make an offer knowing that your financing is rock solid. Read on for details!
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5-minute read
Freddie Mac: What is the Federal Home Loan Mortgage Corporation (FHLMC)?
Freddie Mac is a government-sponsored agency charged with keeping mortgage markets liquid. Learn more about FHLMC – and how it impacts home buyers and ...
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8-minute read
Gift letters for your mortgage: A guide
A gift letter for a mortgage shows your lender that you don’t need to repay gift money toward your down payment. Use our mortgage gift letter template and...
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