Making an extra mortgage payment each year could help you save on interest. Use this guide to figure out how much difference it will make for your finances.

A loan estimate, or a “good faith estimate,” is a standardized document detailing your loan’s terms. Here’s how to use one before get...

A deed in lieu of foreclosure is an option that could allow you to stay in your home and protect your credit. Here’s how it works.

Preapproval and prequalification are both important steps toward getting a mortgage, but what’s the difference? Learn when you need each and what to do ne...

Many factors can determine whether you qualify for a mortgage. Learn what influences your mortgage qualification and how you can improve your chances at the rig...

Mortgage forbearance lets you pause or reduce payments during financial hardship. See how it works, what it covers, and what to expect when the pause ends.

A lender may charge a prepayment penalty when you pay off your mortgage early. Find out what triggers the penalty, how much it can cost, and how to avoid it.

Confused about a property tax assessment vs. market value? The two similar terms both have to do with property value, but they are determined differently.

A mortgage rate lock protects your interest rate from changing before you close. Learn what it is, how long it lasts, and how to use it to your advantage.

Understanding how mortgage interest works can help you estimate costs and choose a loan that fits your goals. Get the full details on mortgage interest here.

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.

Escrow removal is one way to lower your monthly mortgage payment, but it’s far from the only one. Let’s look at some common savings strategies.

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...

A variable interest rate changes according to a specific index and market fluctuations. Here’s how this can affect your monthly budget and long-term goals...

An automated valuation model (AVM) is a data-driven tool that estimates property values. Learn how AVMs work, how accurate they are, and when they can help.<...

Unsure whether to pay extra on your mortgage or federal student loans? We break down the factors you need to consider for making the right financial decision...

A note on a mortgage is the legal document that details your loan terms, payments, and interest rate. Discover why mortgage notes are so essential.

A mortgage commitment letter is an important document that confirms the lender's intent to approve your application. Learn how it works and how to get one.