Site-built homes are constructed entirely at their final location. Discover how these homes are built, their cost, your financing options and the timeline.

With a holding mortgage, a home seller acts as the lender to a buyer. Find out what a holding mortgage is in more detail, and discover its pros and cons.

The benefits of an FHA loan include a low down payment and government backing. But before you choose this type of mortgage, consider the pros and cons.

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....

A Seller’s Disclosure is a document that requires sellers to reveal details about the property’s condition and its defects. Learn what’s in...

The Low-Income Housing Tax Credit (LIHTC program) is a tax incentive that provides affordable housing to low-income residents. Learn more about this tax credit.

Learn what an escrow refund is, when it happens, and what to do with it so you can plan ahead and make the most of any surplus in your mortgage account.

The interest accrued on a cash-out refinance can be deducted under specific circumstances. Use this guide to learn more about your tax responsibilities. 

Property taxes are a core cost of homeownership, and these tax liabilities can increase over time. Learn the four factors that lead to a property tax increase.

There are rights granted to homeowners, but surface and mineral rights can be severed. Here’s how surface and mineral rights work and how to secure them.

Real estate owned (REO) properties are often overlooked investment opportunities. Learn why buying a home from a lender may be the right strategy for you.

Discover how a USDA Streamline refinance can lower your mortgage rate and simplify the process when interest rates fall, along with a host of other benefits.

VA loans are designed to help military personnel, veterans, and their families buy a primary residence, but there are ways you can use one to buy a second home.

Thinking about refinancing your mortgage? Get the best refinance for your borrowing needs by asking these questions before making a decision.

A condo association is a governing board composed of residents who live in the same housing development. Learn about condo association rules and fees.

Your first mortgage decision will likely be whether to apply for an FHA loan or a conventional loan. Learn the difference between these two types of mortgages.

A homestead exemption can potentially reduce your property taxes and help protect your home in tough times. Learn how it works, who qualifies, and how to apply.

Wondering about the average mortgage payment in Michigan? Explore state-specific trends, interest rates, and what to expect when buying a home in the Great Lake...