Understanding What A Mortgage Loan Originator Does

Mortgage Basics - 4-minute read

Andrew Dehan - July 11, 2023

A mortgage loan originator (MLO) is a person or financial institution that helps borrowers find home loans. Find out what an originator can do for you here.

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Mortgage Interest Rates Forecast For 2023

Mortgage Basics - 8-minute read

Kevin Graham - July 11, 2023

Wondering about the mortgage interest rates forecast for 2023? See the predictions and find out when it’s wise to lock in your mortgage rate with a lender.

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The Mortgage Constant Explained: What It Is And How It Affects Your Home Loan

Mortgage Basics - 5-minute read

Kevin Graham - July 11, 2023

 The mortgage constant is the amount paid in debt service each year divided by the amount of a loan, expressed as a percent. Learn more about mortgage constants.

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What Does Inflation Do To Mortgage Rates? A Guide For Uncertain Times

Mortgage Basics - 9-minute read

Dan Rafter - July 07, 2023

When inflation increases, interest rates on new mortgages and ARMs increase too. Learn more about the relationship between inflation and mortgage rates.

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How To Get A Mortgage: A Step-By-Step Guide

Mortgage Basics - 8-minute read

Victoria Araj - July 07, 2023

Wondering how to get a mortgage? Our easy-to-follow guide will walk you through what lenders are looking for, the documents you’ll need and other steps.

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How To Calculate Per Diem Interest

Mortgage Basics - 6-minute read

Kevin Graham - June 30, 2023

Borrowers can calculate per diem interest using a simple formula. Learn more about what per diem interest is and how it can be calculated on a mortgage loan.

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What Is Compound Interest And How Is It Calculated?

Mortgage Basics - 7-minute read

Ashley Kilroy - June 29, 2023

Compound interest is the interest earned on the money you’ve saved and the interest you’ve accrued. Learn how to calculate and benefit from compound interest.

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10 Tips For How To Get The Best Mortgage Rate Available

Mortgage Basics - 10-minute read

Andrew Dehan - June 29, 2023

With preparation, home buyers can get the lowest mortgage rate available, even as rates rise overall. Read our 10 tips for how to get the best mortgage rate.

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What Is A Mortgage Loan Term, And Which Option Is Best For You?

Mortgage Basics - 4-minute read

Andrew Dehan - June 27, 2023

“Mortgage loan term” often refers to how much time it takes a borrower to pay off their home loan when making regular payments. See different loan term options.

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How Does Inflation Work And What Causes It?

Mortgage Basics - 9-minute read

Kevin Graham - June 22, 2023

Inflation is the rising cost of goods and services. But how exactly does inflation work and what causes inflation’s impact on housing and the economy?

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Why Do Mortgage Lenders Sell Mortgages To Investors?

Mortgage Basics - 6-minute read

Patrick Chism - June 22, 2023

Has your home loan been recently purchased by a mortgage investor? Learn about the mortgage selling process and how it can affect you.

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How Are Mortgage Rates Determined? A Comprehensive Look At Mortgage Interest Rates

Mortgage Basics - 7-minute read

Hanna Kielar - June 22, 2023

Crunching the numbers and wondering how mortgage rates are determined? Read our guide to learn how they’re calculated, plus how to get the best rate possible.

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Mortgage Amortization Schedule: What It Is And How To Calculate Yours

Mortgage Basics - 5-minute read

Hanna Kielar - June 15, 2023

A mortgage amortization schedule tells you how much you’ll pay over time. Learn more about mortgage amortization, including a mortgage amortization calculator.

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What Not To Do After Closing On A House: Avoid Common Mistakes

Mortgage Basics - 8-minute read

Victoria Araj - June 13, 2023

Just closed on a new house and looking for tips on what’s next? Learn what not to do after closing on a house and steps to take to avoid trouble down the road.

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What Are FHA Loan Down Payment Requirements?

Mortgage Basics - 4-minute read

Victoria Araj - June 09, 2023

FHA loans require a 3.5% down payment with a 580 credit score, and they require 10% down with a 500 score. Learn more about FHA loan down payment requirements.

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FHA Announces Lower Mortgage Insurance Premiums For FHA Loans

Mortgage Basics - 2-minute read

Lauren Nowacki - June 09, 2023

Learn more about the FHA reducing Mortgage Insurance Premiums and how it affects you.

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Federal Reserve Press Release In Plain English – March 2023

Mortgage Basics - 4-minute read

Kevin Graham - June 09, 2023

It’s been a wild month in the financial sector. Find out how the Federal Reserve reacted in their latest meeting on interest rates.

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Earnest Money And VA Loans: What You Need To Know

Mortgage Basics - 6-minute read

Ashley Kilroy - June 09, 2023

How do earnest money deposits factor into the VA loan process? Learn everything you need to know about earnest money and VA loans.

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