What Is Home Equity And How Can I Access It?

Refinancing - 11-minute read

Andrew Dehan - December 01, 2023

Home equity is the amount of your home that you own. Learn what home equity is, how to calculate it and how you can access it to meet your financial goals.

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A Complete Guide To Par Rates

Mortgage Basics - 4-minute read

Scott Steinberg - December 01, 2023

 With regard to mortgage lending, the par rate is the borrower’s standard
interest rate as calculated by the underwriter. Learn how par rates are set.

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How To Get Out Of A Reverse Mortgage

Mortgage Basics - 6-minute read

Lauren Nowacki - December 01, 2023

Do you have a reverse mortgage but want out of it? Read to learn more about how to get out of a reverse mortgage and why it might be a good option for you.

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What Is A Fixed-Rate Mortgage And How Does It Work?

Loan Types - 6-minute read

Victoria Araj - November 30, 2023

Worried about fluctuating interest rates? Explore the benefits of a fixed-rate mortgage and discover how homeowners find peace of mind in their stability.

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How To Buy A House With No Money Down

Home Buying - 11-minute read

Victoria Araj - November 30, 2023

If you’re struggling to come up with a down payment, you may still be able to qualify for a home loan. See your options for buying a house with no money down.

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USDA Vs. FHA Loans: Which Is Better For You?

Loan Types - 7-minute read

Andrew Dehan - November 30, 2023

USDA and FHA loans can offer more lenient requirements for home buyers with low or moderate income. Learn what else these loans can offer and how they differ.

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Mortgage Origination Fee: The Inside Scoop

Mortgage Basics - 9-minute read

Kevin Graham - November 30, 2023

Ready to apply for a mortgage and wondering if you should pay an origination fee? Find out how this common charge can actually save you money in the long run.

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What Is Affordable Housing? How To Find and Qualify For It

Home Buying - 9-minute read

Ashley Kilroy - November 30, 2023

Affordable housing requires less than 30% of a renter’s or owner’s monthly income. Learn more about what affordable housing is and how to qualify for it here.

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How Special-Purpose Credit Programs Can Help Achieve Homeownership

7-minute read

Kevin Graham - November 29, 2023

Special-purpose credit programs allow borrowers from underserved populations a chance for certain benefits in qualifying for a mortgage. Read on for details!

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Freddie Mac BorrowSmart® AccessSM Expands Home Affordability

Home Buying - 3-minute read

Kevin Graham - November 29, 2023

Freddie Mac BorrowSmart^® Access^SM offers a credit toward the down payment or closing costs of qualified buyers in certain areas. Read on for details!

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No-Closing-Cost Mortgage: Does It Make Sense For You?

Loan Types - 5-minute read

Carey Chesney - November 29, 2023

Closing costs can sometimes present a financial barrier for home buyers. In cases like these, applying for a no-closing-cost mortgage can potentially help.

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Conforming Loan Limits In 2024

Loan Types - 4-minute read

Victoria Araj - November 29, 2023

Conforming loan limits update every year to adapt to the change in home prices. Learn how much the conforming loan limit is for 2024 and more with our guide.

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Mortgage Loan Limits Are On The Rise

Mortgage Basics - 4-minute read

Kevin Graham - November 29, 2023

Rocket Mortgage has updated conventional loan limits. Mortgage limits have gone up for most. Read on for details as well as FHA and VA loan limits.

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12 Best Places To Buy A Vacation Home In 2024

Home Buying - 6-minute read

Kevin Graham - November 29, 2023

Looking to own a home at the beach, in the mountains or somewhere with peace and quiet? Learn more about the 12 best places to buy a vacation home in 2024.

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Housing Market Predictions For 2024: What Can Buyers And Sellers Expect?

Home Buying - 13-minute read

Kevin Graham - November 27, 2023

Are you wondering what the outlook for buying or selling a house might be in 2024? Learn these housing market predictions so you know what to expect in 2024.

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What Hurts A Home Appraisal?

Home Buying - 7-minute read

Lauren Nowacki - November 27, 2023

Are you selling your home or planning to refinance? You’ll need an
Find out what hurts a home appraisal and how to prevent a low appraisal.

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Condo Loans: Defined And Explained

Loan Types - 5-minute read

Scott Steinberg - November 26, 2023

Planning to purchase a condominium? Discover how condo loans may differ from conventional home mortgages so you can have a smooth home buying experience.

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How Long Does It Take To Refinance A House?

Refinancing - 8-minute read

Victoria Araj - November 26, 2023

Are you looking to refinance your mortgage? Using these helpful tips, find out how long it takes to refinance your house and ways to prepare for this process.

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