Featured resources
8-minute read
Mortgage forbearance: What it is and how it works
Mortgage forbearance allows you to pause payments on a mortgage. Read on to learn about how forbearance works and whether it’s right for you.
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7-minute read
Your guide to a $450,000 mortgage: Costs and requirements to consider
Ready for a $450,000 mortgage to buy a home? Read our guide to understand the costs and requirements that come with taking out a $450,000 loan.
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4-minute read
What is mortgage curtailment?
Interested in shortening the life of your mortgage loan? Consider how a mortgage curtailment could benefit you in reducing your debt.
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7-minute read
What to do if you're applying for a mortgage and a business loan
Follow these quick tips if you have no choice but to go “all in” on both a mortgage loan and a business loan at once.
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7-minute read
What is a good debt-to-income ratio?
What is a good debt-to-income ratio and why does it matter when getting a mortgage loan? Explore the details to help get the best loan terms possible.
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4-minute read
Should I lock in my mortgage rate today?
Are you unsure whether you should lock in your mortgage rate today, or wait? Learn about the mortgage rate lock and why you might consider locking your rate....
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6-minute read
How to use a mortgage calculator
Learn how to use our mortgage calculator to determine your monthly mortgage payments, including PMI, taxes, insurance, down payment, interest rate and more.<...
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6-minute read
What is a mortgage commitment letter and how can I get one?
Getting a mortgage commitment letter is an important first step in the home buying process. Read on to find out how you can get a loan commitment letter.
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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
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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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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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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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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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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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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