Featured resources
5-minute read
What are carrying costs in real estate?
Carrying costs in real estate are ongoing expenses property owners must budget for. Learn more about which carrying costs to expect and how much they are.
Read more
4-minute read
Mortgage loan term: What is it, and which option is best for you?
“Loan term” often refers to how much time it takes a borrower to pay off their mortgage when making regular payments. Learn more about loan term opt...
Read more
6-minute read
What you should know before purchasing a house with deed restrictions
Deed restrictions can limit what property owners do on their land. Learn about deed-restricted communities and real estate, what they are and how they work.
Read more
5-minute read
What Is renters insurance? Defined and explained
Renters insurance is a way for renters to protect themselves and their belongings when renting property. Learn about what’s covered with renters insura...
Read more
3-minute read
Intent to occupy letter: What it is and how to write one
To qualify for some mortgages, your lender may need a letter of your intent to occupy the property. Learn what the letter should include and how to write it....
Read more
5-minute read
What is a variance and how do you get one?
If you’re a property owner with big plans for your home or land, you may need a variance to make changes. Learn what a variance is and how to get one.<...
Read more
4-minute read
What is a co-borrower? A beginner's guide
When you buy a home with a co-borrower, you typically share ownership of the loan and the home. Let’s explore the pros and cons of having a co-borrower...
Read more

4-minute read
Convertible ARM loan: Is it right for you?
A convertible ARM loan allows a borrower to change from adjustable to fixed rates after a set time. Discover how this mortgage type works and its pros and co...
Read more
5-minute read
What is a contemporary home? A guide to design
Contemporary houses incorporate design elements that are popular at the time when they’re built. Use our guide to learn more about this architectural styl...
Read more
4-minute read
Close of escrow: What you need to know
Close of escrow is the point in the real estate transaction when all parties have fulfilled their responsibilities. Read on to learn how close of escrow work...
Read more
5-minute read
A guide to conditional approvals for home buyers
A conditional approval means your lender expects to approve your mortgage once you meet certain conditions. Discover how conditional approval works.
Read more
4-minute read
What is chain of title and why is it important?
Chain of title represents the complete and unbroken ownership of a property. Learn more about chain of title in real estate and why it’s important.
Read more
5-minute read
Cap rate: Defined and explained
Cap rate is a handy tool for estimating the rates of return on multiple commercial real estate properties. Learn how to calculate cap rates using our guide.<...
Read more
6-minute read
10 best places to build a house during the 2021 building boom
Are you interested in building a house on a budget? Learn about the 10 cheapest places to build a house in 2023 and other factors to consider when building.
Read more
7-minute read
Clear to close: What to expect and what happens next
Being clear to close on a mortgage means you're almost done with the mortgage process. Learn how to become clear to close and what happens after.
Read more
4-minute read
Defeasance clause: Definition and overview
Defeasance clauses assure buyers that they’ll get the title once they meet all payment conditions. Learn more about the impact of defeasance on your mo...
Read more
4-minute read
Can you get an FHA loan on a mobile home?
Can you get an FHA loan on a mobile home? Yes! Let’s discuss the pros and cons and everything you need to know about using an FHA loan on a mobile home...
Read more

8-minute read
Can you refinance before selling your home, and should you?
Is refinancing before selling your home an option? Learn how to take cash out or lower your mortgage payment before you put your home on the market.
Read more
You've been redirected from Mr. Cooper to
Rocket Mortgage® for next-level support.