Featured resources

6-minute read
How to calculate your monthly mortgage payment
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.
Read more

4-minute read
Understanding types of assets
What are assets? Find out the different types of assets to help manage your finances, build wealth, and make smart financial decisions.
Read more

4-minute read
What a forbearance agreement means for you
A forbearance agreement allows borrowers to temporarily suspend mortgage payments during unexpected financial hardship. Learn if it’s the right option for...
Read more

8-minute read
What types of mortgage lenders are there, and how do I choose the right one?
There are several types of mortgage lenders you can work with when buying a house. From traditional banks to credit unions, discover which one is right for y...
Read more

6-minute read
What is a floating interest rate?
A floating interest rate fluctuates over your loan’s term, changing your mortgage payment amount. Read on to learn about floating rates and how they wo...
Read more

5-minute read
What is a warranty deed?
When you buy a home, you want to be sure that no one but you and your lender hold claim to the property. Find out how a warranty deed protects you.
Read more

6-minute read
First lien vs. second lien: What’s the difference?
Second lienholders agree to be subordinate to the first if a borrower defaults or files for bankruptcy. Understanding this can help you manage your finances.
Read more
9-minute read
What does it mean to lease a house?
Renting a house is different from renting an apartment. If you aren’t ready to buy, here’s what you should know before leasing a house.
Read more

8-minute read
How to pay off a home loan in 5 years: Best practices
You can pay off a mortgage more quickly by making extra payments, refinancing to a shorter term, or using a HELOC. Here’s how to accelerate your payoff...
Read more

8-minute read
Mortgage insurance: Your quick guide to different types and cost
Mortgage insurance protects lenders against default on home loans. Learn about the different types of mortgage insurance, typical costs, and ways to avoid this ...
Read more

5-minute read
The benefits of home loan servicing with Rocket Mortgage®
Discover why Rocket Mortgage stands out as both lender and servicer – leading in client satisfaction, technology, and award-winning service.
Read more

5-minute read
Regulation Z, or the Truth in Lending Act (TILA): Explained
Regulation Z, or the Truth in Lending Act, requires lenders to disclose key loan details like terms, interest rates, and annual percentage rates (APRs).
Read more

4-minute read
Understanding appraisal vs. assessment
If you're preparing to buy a home, it's important to understand the difference between an appraisal and an assessment. Read on to learn how they compare.
Read more

6-minute read
Liens and encumbrances: What to know
Liens and encumbrances both relate to legal claims against properties. Learn how they can affect buying, owning, and selling your house.
Read more

7-minute read
Can the 30% rule help you budget for housing?
How much should you spend on housing? A general guideline says you should spend 30% of your income on housing. Is the 30% rule for housing true for you?
Read more

5-minute read
Mortgagee clause: Definition and how it works
A mortgagee clause protects the lender if a mortgaged property is damaged. Learn the components of a mortgagee clause and how their protections work.
Read more

6-minute read
How to get a mortgage with a seasonal income
Getting a mortgage as a seasonal worker can be difficult but not impossible. Learn about Fannie Mae rules for seasonal income and more.
Read more

5-minute read
What is an escrow waiver? Definition, requirements, and pros and cons
Considering an escrow waiver? Learn what it is, how it works, eligibility criteria, potential fees, and the pros and cons to decide if it’s right for you.
Read more