The Truth iokay now let's see if that worked n Lending Act (TILA) protects consumers from unfair lending practices. Find out what TILA requires and how it ca...

Mortgage prequalification gives you an estimate of the amount you can borrow to buy a house. Learn more about the loan prequalification process here.

Preforeclosure is the first legal step toward foreclosure. Uncover tips on how to avoid foreclosure and discover some options available to homeowners.

Real property is any land or anything attached to it that gives it value. Here’s how this concept works and why it matters to homeowners.

In real estate, “contingent” refers to conditions that must be met for a sale to proceed as planned. Learn how contingencies protect potential ho...

The assessed value of a home helps determine its worth for property tax purposes. Discover how a home’s value gets assessed and why this matters.

Conventional loans are a traditional mortgage option. Learn what a conventional home loan is, how it works and common lender requirements in our guide.

Need a little extra help covering your down payment or closing costs? A program like Fannie Mae's Community Seconds might be able to help.

Buydowns are methods used by buyers and sellers to lower interest rates in the early years of a new mortgage. Find out if a buydown is right for you.

A mortgage contingency is a clause that sets up certain conditions for a real estate transaction. Learn how this can protect both home buyers and home.

A mortgage recast is when you make a lump-sum payment toward your principal balance to reduce your monthly payments. Learn how mortgage recasting works.

Some buyers are able to skip the appraisal process when purchasing their home. Learn more about appraisal waivers and their benefits with our complete guide.

Knowing the difference between appraised value vs. market value is key when purchasing a home. Learn more about the role each plays in real estate transactio...

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.

Correspondent lending happens when a lender originates and funds a mortgage, but then sells it. Read more about correspondent lending and how it works.

A mortgage point is a fee you pay to help lower the interest rate on a mortgage. Using this guide, learn more about discount points and how they work.

An abstract of title shows all legal documentation associated with a property. Learn why an abstract of title is important in real estate.

A mortgage maturity date indicates when you’re expected to make your last mortgage payment. Learn more about how maturity dates work and how to find yours...