Featured resources
8-minute read
What's the mortgage payment on a $400K loan?
The monthly mortgage payments on a $400K loan vary based on factors such as term length and interest rate. Learn more about the payments on a $400K mortgage.
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4-minute read
What is HUD and what does it do?
HUD is an acronym for the U.S. Department of Housing and Urban Development. Learn how HUD works, what it does and how it helps aspiring home buyers.
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4-minute read
Selling mortgages: How it affects you and what to do next
How does selling mortgages work? Find out why lenders sell mortgages to investors, how the process works and how it affects you.
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6-minute read
A comprehensive guide to mortgage payments on a $300K loan
Curious if you can afford a $300K mortgage? Explore different loan terms and interest rate options so you’ll know before buying what your payments will be...
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10-minute read
$350,000 mortgage: Total cost and other factors to consider
Considering a $350,000 mortgage for your home purchase? Learn about a mortgage this size, the upfront and monthly costs to expect, how to get one, and more.<...
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6-minute read
How to pay your mortgage easily
Making a mortgage payment on time is easier than ever. Read on to see which option fits your needs, from automated monthly payments to paying over the phone....
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8-minute read
How to get a mortgage without 2 years of work history
Getting a mortgage without 2 years of work history is possible – but will involve extra paperwork. Learn everything you need to know to qualify for a home...
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6-minute read
What is a promissory note? Definition and explanation
A promissory note is a repayment agreement between a borrower and lender, but how does it differ from a loan? Read on to see how promissory notes work.
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6-minute read
Types of assets to include on your mortgage application
Lenders examine your assets when assessing your mortgage application. Learn which types of assets should be included to improve your chances of approval.
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9-minute read
Mortgage origination fee: The inside scoop
Ready to apply for a mortgage and wondering if you should pay an origination fee? Find out how this common charge can actually save you money in the long run...
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3-minute read
What is a chattel mortgage and how does it work?
A chattel mortgage is an option for purchasing a manufactured home where the home secures the loan. See how chattel loans differ from traditional mortgages.<...
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3-minute read
Do oil prices affect mortgage rates?
Oil prices are one of many factors that affect mortgage rates. Learn more about how oil prices indirectly affect mortgage rates in the U.S.
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3-minute read
Interest rate floor: Definition and how it works
An interest rate floor is the lowest agreed-upon rate for floating-rate loan products. Learn how interest rate floors work and uncover some examples.
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6-minute read
Biweekly mortgage payments: Are they a good choice for you?
Biweekly mortgage payments help pay off your loan faster by applying an extra payment to the principal yearly. Find out if biweekly payments are right for you.
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6-minute read
How to beware of mortgage wire fraud during closing
Wiring money for closing costs can leave you vulnerable to fraud and scams. Learn how you can protect yourself from real estate fraudsters.
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7-minute read
What to know about the mortgage payment on a $200K loan
Loan term, interest rate and other factors can impact the mortgage payment on a $200K loan. Learn more about the monthly payments on a $200K mortgage.
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7-minute read
What is manual underwriting and how does it work?
Manual underwriting is one of the ways a lender can review your loan application for approval. Learn more about what this means for you and your loan.
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4-minute read
What are mortgage servicing rights?
Mortgage servicing rights (MSR) are often transferred to a third-party that takes over the administrative tasks of servicing a mortgage in exchange for a fee...
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