Featured resources
5-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.
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5-minute read
Appraisal vs. inspection: A guide
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22-minute read
Glossary of mortgage terms: Defined and explained
There are many mortgage terms to understand when you embark on the home buying process. Learn what these common mortgage terms mean.
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6-minute read
What is compound interest and how is it calculated? A guide
Compound interest is the money you earn on the interest that accrues on an account, investment or loan. Learn how to calculate compound interest and more here.
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5-minute read
What is a mortgage note and why is it important?
A mortgage note is a legal document that defines the terms of the loan for the borrower and lender. Learn more about mortgage notes and why they’re important.
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4-minute read
Mortgage par rates: What they are, how they work
A par rate is a rate charged to a borrower based on DTI and other factors. It doesn’t include discount points or other adjustments. Read on to learn more.
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8-minute read
Mortgage forbearance: What it is and how it works
Mortgage forbearance allows you to pause payments on a mortgage. Read on to learn about how forbearance works and whether it’s right for you.
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6-minute read
Mortgage amortization schedule: What it is and how to calculate yours
A mortgage amortization schedule shows a breakdown of your monthly mortgage payment over time. Figure out how to calculate your mortgage amortization.
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4-minute read
What is a mortgage reinstatement?
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.
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7-minute read
Your guide to a $450,000 mortgage: Costs and requirements to consider
Ready for a $450,000 mortgage to buy a home? Read our guide to understand the costs and requirements that come with taking out a $450,000 loan.
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4-minute read
What is mortgage curtailment?
Interested in shortening the life of your mortgage loan? Consider how a mortgage curtailment could benefit you in reducing your debt.
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3-minute read
What is NMLS?
Learn how mortgage and finance regulatory agencies use the Nationwide Mortgage Licensing System (NMLS) to maintain national licensing requirements.
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7-minute read
What to do if you're applying for a mortgage and a business loan
Follow these quick tips if you have no choice but to go “all in” on both a mortgage loan and a business loan at once.
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5-minute read
What is considered debt when applying for a mortgage?
When applying for a mortgage, what is considered debt? Take a look at our guide to what monthly debt payments lenders consider when approving a mortgage.
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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 you.
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4-minute read
What is a mortgage rate?
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7-minute read
What is a good debt-to-income ratio?
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4-minute read
What is a mortgage banker? Services, responsibilities and more
A mortgage banker is an individual or entity that originates, services and sells mortgages. Read on to learn more about their responsibilities to borrowers.
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