About Mortgages - Page 3

A joint loan gives borrowers a more affordable option for buying a home. However, it's important to first weigh the pros and cons.

Land loans let you buy a tract or lot of land on which to build a home(s). But they're not like most mortgages. Here's the lowdown.

If you don't fit into a traditional financial profile, non-qualified mortgages can be a way to still become a homeowner.

When you no longer have a mortgage, you can use that money to invest, work less or retire early. See how you can pay it off quickly.

Understanding mortgage and real estate jargon can give you a leg up on the competition and confidence in your home buying process.

Understanding the loan origination fee and knowing what it costs is a crucial part of finalizing your mortgage.

The loan-level pricing adjustment (LLPA) system raises mortgage rates for conventional mortgage borrowers. See how LLPAs work here.

Read on to discover how non-conforming loans work, what makes them unique, and when applying for one would be most suitable.

There are a number of things you shouldn't say to your mortgage lender that can lead to your loan application being denied. Don't let it be you.

An FHA loan is a government-backed mortgage that's popular with first-time homebuyers. Discover the different types of FHA loans available.

Who pays closing costs? Usually the buyer and seller both do. But as a home buyer there are ways to avoid closing costs or at least reduce them.

Is an adjustable-rate mortgage (ARM) the right choice for you? Read on to learn the pros and cons of a 5/1 ARM and when it might make sense to opt in for one.

Learn how fixed mortgage rates work and why a fixed-rate mortgage is the most popular type of home loan by far.

Can you get preapproved for a mortgage multiple times? You bet! In fact, in today's market, you may need to do so many times.

Find out how much house you could afford with one of the most common — or one of the highest-earning — jobs in the U.S.

Do you need 20% for a conventional loan down payment? Not even close. Today's conventional loans start at just 3% down.

Today's mortgage programs have reduced upfront home-buying costs. Here's how much money you typically need saved to buy a house.

Learn how the mortgage refinance process works. This step-by-step guide takes you from application to closing day.

Most mortgage lenders consider 43% or lower to be a good debt-to-income ratio. But a higher DTI may be OK, too. Here's what you should know.

Lender credits are an arrangement where the mortgage lender pays some or all of your closing costs in exchange for a higher interest rate.