Featured resources

5-minute read

Why the 28/36 rule matters for home affordability

When you're buying a home, the 28/36 rule helps assess mortgage affordability by considering your housing costs, debt, and income. Learn why it's important.

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5-minute read

What is a loan-to-value ratio and how is it calculated?

When you buy a home, you may not be able to finance the entire loan. Your loan-to-value ratio, or LTV, determines how much you need to put down in cash.

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8-minute read

What is a mortgage rate?

A mortgage preapproval letter shows you how much a lender has conditionally approved you for. It lasts for a few months and may strengthen your offer.

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5-minute read

How do you choose a mortgage lender? Follow these 5 steps

How do you choose a mortgage lender? Learn how to easily choose a mortgage lender, compare loan estimates, and find the right lender for your home purchase.

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11-minute read

14 questions to ask a mortgage lender

Learn the right questions to ask a mortgage lender and the mortgage loan questions to ask so you can compare rates, fees, loan options, and timelines.

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7-minute read

How to get help with your mortgage payments

There are several ways to get help with your mortgage payments and avoid foreclosure. See what kind of assistance is available from a servicer if you qualify.

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8-minute read

How are mortgage rates determined?

Discover what determines interest rates with our in-depth analysis. Explore how economic trends, credit scores, and more impact mortgage rate decisions.

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5-minute read

What is the average mortgage payment?

The average mortgage payment in the U.S. is $2,030 for 2025, though how much you'll pay depends on how much you borrow, your interest rate, and loan term.

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9-minute read

Does spousal support count as income for a mortgage?

Does spousal support count as income for a mortgage? In some cases, yes. Learn how lenders verify it, how it affects your DTI, and application considerations...

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6-minute read

A comprehensive guide to mortgage payments on a $300K loan

Learn what affects a $300K mortgage payment, how loan terms and rates change monthly costs, and what income may help you afford a $300,000 home.

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5-minute read

How to avoid three common mortgage servicing fees

Mortgage servicing fees typically fall to your lender, but some may be your responsibility. Fortunately, you can avoid these three servicing costs.

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10-minute read

What is a mortgage? Loan basics for beginners

Mortgages are loans that allow you to purchase a home. The right loan for you may depend on your preferred down payment, interest terms, and more. 

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4-minute read

What are mortgage servicing rights?

Mortgage servicing rights relate to who collects your mortgage payment, not who owns your mortgage. Many lenders outsource these tasks to save time.

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8-minute read

What is a dry closing in real estate?

In a dry closing, everything but the payment is completed at closing. Learn how dry closings work, what risks are involved, and what states allow dry funding.

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16-minute read

How to get a home loan as a first-time home buyer

First-time home buyer? This guide covers how to get a home loan, including budgeting, mortgage preapproval, underwriting, and closing on a home.

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4-minute read

What is a desktop appraisal and how does it work?

A desktop appraisal is a property valuation that is completed remotely by a professional appraiser. Find out whether a desktop appraisal is right for you.

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6-minute read

What is the average mortgage payment in North Carolina?

Are you wondering about the average mortgage payment in North Carolina? Learn what factors affect mortgage payments and what resources are available to North...

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5-minute read

Paying off your mortgage? Get your quote by phone

Getting a payoff quote from Rocket Mortgage is easy. Simply request one online or give us a call. Read to learn more and what to expect after.

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