Featured resources

6-minute read

How to pay your mortgage easily

Making an on-time mortgage payment is easier than ever. Find out which option fits your needs, from setting up automated payments to paying over the phone.

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5-minute read

Loan modification: Defined and explained

A loan modification changes the terms of your existing loan to bring you current by adding past-due payments back to the balance. Understand how it works.

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5-minute read

What is mortgage servicing and why does it matter?

Mortgage servicing is the management of a mortgage, like taking payments and creating statements. Borrowers should know how it works and why it matters.

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6-minute read

Why do lenders sell mortgages and how does it affect you?

How does selling mortgages work? Find out why lenders sell mortgages to investors, how the process works, and how it affects you.

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8-minute read

The hidden costs of late mortgage payments

Are you worried about the effects of making a late mortgage payment? Learn more about missing a mortgage payment, including how it affects your credit and more.

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7-minute read

Escrow fees: What they are, who pays, and what they cost

Learn how escrow fees work, what they may include, who pays them, and how to review your Loan Estimate before closing. Start your mortgage journey.

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5-minute read

Mortgage servicing transfer: What you should know

Have you received word that your mortgage servicing has been transferred? Learn about what this means, why it happens, and what changes you can expect.

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6-minute read

What are mortgage servicing companies?

Your mortgage lender funds your loan, but they may not collect your payments. Learn how a mortgage servicing company manages your escrow and account.

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7-minute read

What is an escrow shortage?

Learn what an escrow shortage is, why it happens, and how paying it can affect your mortgage payment. Review your repayment options and next steps today.

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7-minute read

What is an escrow agent? Role, duties, and examples

What is an escrow agent? Learn more about what escrow agents do in a real estate transaction, who can be an escrow agent, and how the escrow process works.

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10-minute read

What is an escrow waiver? Requirements, fees, pros, and cons

Considering an escrow waiver? Learn what it is, how it works, eligibility criteria, potential fees, and the pros and cons to decide if it’s right for you.

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5-minute read

Impound accounts explained: Why your servicer holds funds

Some mortgage servicers arrange impound accounts to collect fees from home buyers. But how do they work, and do they benefit you? Keep reading to find out.

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7-minute read

Should I pay off my mortgage or invest?

Deciding whether to pay off a mortgage or invest can be tricky. Get familiar with all of the potential financial risks and rewards before making this decisio...

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10-minute read

What is escrow and how does it work?

What is escrow? Learn how escrow accounts work when buying a home, paying taxes and insurance, and managing your mortgage. Read more today.

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5-minute read

How to avoid three common mortgage servicing fees

Mortgage servicing fees typically fall to your lender, but some may be your responsibility. Fortunately, you can avoid these three servicing costs.

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4-minute read

What are mortgage servicing rights?

Mortgage servicing rights relate to who collects your mortgage payment, not who owns your mortgage. Many lenders outsource these tasks to save time.

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5-minute read

Paying off your mortgage? Get your quote by phone

Getting a payoff quote from Rocket Mortgage is easy. Simply request one online or give us a call. Read to learn more and what to expect after.

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5-minute read

Close of escrow: What it means for home buyers

Learn what close of escrow means, how it differs from other parts of the closing process, and what home buyers should expect before getting the keys.

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