Viewing 7 - 24 of 252
Mortgage Basics - 4-minute read
Scott Steinberg - December 01, 2023
With regard to mortgage lending, the par rate is the borrower’s standard interest rate as calculated by the underwriter. Learn how par rates are set.
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Mortgage Basics - 6-minute read
Lauren Nowacki - December 01, 2023
Do you have a reverse mortgage but want out of it? Read to learn more about how to get out of a reverse mortgage and why it might be a good option for you.
Mortgage Basics - 9-minute read
Kevin Graham - November 30, 2023
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.
Mortgage Basics - 7-minute read
Kevin Graham - November 29, 2023
Special-purpose credit programs allow borrowers from underserved populations a chance for certain benefits in qualifying for a mortgage. Read on for details!
Rocket Mortgage has updated conventional loan limits. Mortgage limits have gone up for most. Read on for details as well as FHA and VA loan limits.
Mortgage Basics - 8-Minute Read
Miranda Crace - November 20, 2023
Curious about gifts of equity or already considering giving one? Learn about the process plus the pros and cons of giving the gift of home equity.
Mortgage Basics - 7-Minute Read
Ashley Kilroy - November 18, 2023
If you’re buying a home, you’ll need to know how mortgage interest will work with the loan you choose. Learn the basics of mortgage interest and why it matters.
Victoria Araj - November 17, 2023
A prepayment penalty is a fee that some lenders charge when you pay all or part of your loan off early. Learn why lenders charge the fee and how to avoid it.
Hanna Kielar - November 17, 2023
A conditional approval means your lender will approve your mortgage once you meet certain conditions. Get our advice on how to prepare your loan application.
Kevin Graham - November 17, 2023
It looks increasingly likely that federal government funding could lapse at the end of the week. Here’s what the government shutdown would mean for mortgages
Mortgage Basics - 5-minute read
Molly Grace - November 17, 2023
Ever wonder what happens to a mortgage when you die? Read on to learn what happens to a home when the owner dies and what to do if you inherit a property.
Andrew Dehan - November 15, 2023
If you’re a homeowner, you can claim the property tax deduction if you’re eligible and you know how. Check out this complete guide before you file.
Patrick Chism - November 15, 2023
Earnest money protects buyers and sellers in a real estate transaction. Learn how an earnest money deposit works and how it can also make your offer stand out.
Emma Tomsich - November 11, 2023
Wondering what prepaid costs you’ll pay when buying a home? Read on to see what to expect, plus get tips to calculate costs associated with closing on a home.
Victoria Araj - November 11, 2023
When you buy a home, you want to be sure that no one but you and your mortgage lender hold any claim to the property. Find out how a warranty deed protects you.
Kevin Graham - November 11, 2023
A quiet title action is a legal process that determines the true owner of a property. Understand when and why you may need to “quiet” challenges to your title.
Mortgage Basics - 3-minute read
Sarah Sharkey - November 11, 2023
Mortgage reinstatement can be a vital lifeline for borrowers who have missed payments and want to avoid foreclosure. Learn more about how it works here.
Melissa Brock - November 11, 2023
Is a mortgage a secured or unsecured loan? Let’s take a look at how these loan types differ in their risk and interest rates, and how to best pay them off.
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