The principal is the amount you borrowed for your loan, while interest is the fee for use of the loan. Learn how each makes up your monthly payment.

Lenders want to see proof of employment before they’ll approve a mortgage, but can you get a mortgage without a job? Learn about some special circumstances.

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.

A house deed is a physical document legally transferring ownership of real estate. Learn more about how house deeds affect sellers and buyers.

Underwriting is a crucial part of the loan approval process. Learn about what underwriting is, how long it can take, and tips for a successful experience.

Transfer tax is a one-time fee for the transfer of property ownership. Learn how transfer tax is assessed, rules by state and local governments, and how it works.

Mortgage fraud impacts every aspect of the home buying process. We’ll go over common mortgage scams and how you can avoid or spot them.

Learn how factors like property taxes and insurance can change your monthly home payment.

The prime rate is an index that helps determine rates on loans. But how does that work? In our guide, you’ll learn how the prime rate affects your wallet.

Mortgage rates tend to fluctuate, but certain indicators can signal they’re going to drop. Learn when experts predict home interest rates to go down.

Looking to find liens on a property you want to buy? Discover how title searches and combing through county records can help.

Collateral is any asset a lender accepts to secure a loan. Explore different types of collateral loans, their pros and cons, and how to get one.

What’s the impact on home buyers and sellers when the federal funds rate drops? Learn how a Fed rate drop impacts interest rates and home loans.

The Truth iokay now let's see if that worked n Lending Act (TILA) protects consumers from unfair lending practices. Find out what TILA requires and how it can protect you.

Mortgage prequalification gives you an estimate of the amount you can borrow to buy a house. Learn more about the loan prequalification process here.

Knowing what fees to watch out for before and after you close your loan can save you money. Learn how to recognize fees you can avoid.

Preforeclosure is the first legal step toward foreclosure. Uncover tips on how to avoid foreclosure and discover some options available to homeowners.

Real property is any land or anything attached to it that gives it value. Here’s how this concept works and why it matters to homeowners.