Featured resources
5-minute read
Appraisal vs. inspection: A guide
Appraisals and inspections are critical steps in the home buying process. Learn how to identify the key differences in appraisals versus inspections.
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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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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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3-minute read
Solid offers come with a Verified Approval Letter
A Verified Approval Letter shows the seller that your offer should be taken seriously. Learn how a VAL can be an advantage that gets your home offer accepted.
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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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4-minute read
What is a mortgage rate?
When you get a mortgage, you pay your lender interest based on your mortgage rate. Learn what a mortgage rate is, what determines it and how to get a good one.
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9-minute read
What does it mean to lease a house?
Not ready to buy your next home, yet tired of renting? You have other options available. Read further to understand the key components of leasing a house.
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7-minute read
What is a good debt-to-income ratio?
What is a good debt-to-income ratio and why does it matter when getting a mortgage loan? Explore the details to help get the best loan terms possible.
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5-minute read
What in the world is an escrow shortage?
Understanding escrow shortages and what causes a negative escrow balance is important for homeowners to know. Read on to learn how to navigate these situations.
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4-minute read
Should I lock in my mortgage rate today?
Are you unsure whether you should lock in your mortgage rate today, or wait? Learn about the mortgage rate lock and why you might consider locking your rate.
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