A short sale happens when a homeowner in financial trouble sells their home for less than they owe on the mortgage. Learn more about the short-sale process.<...

Liens and encumbrances both relate to legal claims against properties. Learn how they can affect buying, owning and selling your house.

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 her...

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 imp...

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 mo...

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.

Interested in shortening the life of your mortgage loan? Consider how a mortgage curtailment could benefit you in reducing your debt.

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.

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.

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.

Getting a mortgage commitment letter is an important first step in the home buying process. Read on to find out how you can get a loan commitment letter.

A mortgage processor guides borrowers through the loan application process by collecting documents and information. Learn how they help secure mortgage loans.

A joint mortgage is a home loan that multiple borrowers are responsible for paying. Learn more about joint mortgages, including their pros and their cons.

The Federal National Mortgage Association (FNMA), or Fannie Mae, purchases and backs mortgage loans for borrowers. Learn more about how Fannie Mae works.

Many factors can determine whether you qualify for a mortgage. Learn what factors affect your mortgage qualification and how you can improve your chances.

Unlike a fixed interest rate, a variable interest rate changes over time based on a predetermined index. Learn how these rates work and why you might want on...

Are you required to pay the capital gains tax on your real estate property? Review our guide to learn what the capital gains tax is, when to pay it and more....

Mortgage protection insurance is an insurance policy that helps the family of the policyholder make mortgage payments after they die. Read on to learn more.<...