Conditionally approved for a mortgage? Learn what it means, common lender conditions, what can still derail approval, and how to reach clear to close.

Preapproval and prequalification are both important steps toward getting a mortgage, but what’s the difference? Learn when you need each and what to do ne...

Jumbo loans offer financing for properties that exceed conventional conforming mortgage limits. Before applying, borrowers should check out our guide.

Getting ready to apply for a mortgage? Learn how to strengthen your application, understand what lenders look for, and have the best shot at loan approval.

A probate sale takes place when an owner dies without a legal will. Learn how to buy a probate property and see if probate real estate makes sense for you.

Many factors can determine whether you qualify for a mortgage. Learn what influences your mortgage qualification and how you can improve your chances at the rig...

Mortgage forbearance lets you pause or reduce payments during financial hardship. See how it works, what it covers, and what to expect when the pause ends.

Cost segregation is a method of tax planning that can help real estate owners increase their cash flow. Learn about cost segregation studies and how they wor...

A lender may charge a prepayment penalty when you pay off your mortgage early. Find out what triggers the penalty, how much it can cost, and how to avoid it.

New construction phase inspections can help ensure your new home is built to last. Explore the three phases, their costs and why they’re important.

Are you considering refinancing a VA loan? Learn about VA-backed and conventional refinance options and requirements to determine which works best for you.

Wondering how long after the appraisal you can close on your house? Learn how appraisals impact your loan and closing timeline, and key factors to consider.

A broker price opinion (BPO) estimates a property's value based on comparable sales. Learn when a BPO is often used and how it differs from an appraisal.

Real estate depreciation is a rental tax break available to landlords. The IRS assumes a property will depreciate by 3.6% per year and lets you deduct the lo...

Confused about a property tax assessment vs. market value? The two similar terms both have to do with property value, but they are determined differently.

Are you considering tapping into the equity of your investment property? Learn about whether a home equity loan on an investment property is right for you.

Investment home financing can get complicated, especially with multiple properties. Let Rocket Mortgage help you get started.

Closing your mortgage on the first of the month may have different tax and payment implications than closing on the 15th or 30th.