Mortgage ProductsSeptember 4, 2023The Home Buyer’s Guide to Land LoansLand 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.
Mortgage ProductsAugust 23, 2023Non-QM Loans: Guide for First-Time Home BuyersIf you don't fit into a traditional financial profile, non-qualified mortgages can be a way to still become a homeowner.
Mortgage StrategyAugust 15, 2023How to Pay Off a Mortgage in Five YearsWhen 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.
About MortgagesAugust 7, 2023Mortgage Terms Every First-Time Home Buyer Should KnowUnderstanding mortgage and real estate jargon can give you a leg up on the competition and confidence in your home buying process.
About MortgagesJuly 5, 2023What Is a Loan Origination Fee?Understanding the loan origination fee and knowing what it costs is a crucial part of finalizing your mortgage.
About MortgagesApril 26, 2023Loan-Level Pricing Adjustments (LLPA): A Complete Guide For Mortgage BorrowersThe loan-level pricing adjustment (LLPA) system raises mortgage rates for conventional mortgage borrowers. See how LLPAs work here.
About MortgagesMarch 15, 2023Non-Conforming Loan: What Is It and How It Differs from a Conforming MortgageRead on to discover how non-conforming loans work, what makes them unique, and when applying for one would be most suitable.
About MortgagesMarch 10, 202310 Things Not To Say To Your Mortgage Broker | Loan ApprovalThere 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.
FHA Home BuyingMarch 1, 2023What are the different types of FHA loans and how do they work?An FHA loan is a government-backed mortgage that's popular with first-time homebuyers. Discover the different types of FHA loans available.
About MortgagesJanuary 27, 2023Who pays closing costs? Typical costs for buyer and sellerWho 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.
Mortgage ProductsJanuary 25, 20235/1 ARM loan guideIs 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.
About MortgagesDecember 21, 2022How do fixed-rate mortgages work? Is a fixed-rate loan best?Learn how fixed mortgage rates work and why a fixed-rate mortgage is the most popular type of home loan by far.
Buying a homeDecember 8, 2022How many preapproval letters should I get for a home loan?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.
Buying a homeDecember 7, 2022Home affordability by profession: What can your job buy you?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.
Conventional LoansDecember 6, 2022Conventional loan down payments: How much do you need?Do you need 20% for a conventional loan down payment? Not even close. Today's conventional loans start at just 3% down.
About MortgagesDecember 1, 2022How much money do you need to buy a house in 2024?Today's mortgage programs have reduced upfront home-buying costs. Here's how much money you typically need saved to buy a house.
About MortgagesNovember 11, 2022How to get preapproved for a mortgage in 3 stepsYou need a mortgage preapproval before you can start house-hunting. Here's how to get preapproved for a mortgage in 3 simple steps.
RefinanceNovember 3, 2022The mortgage refinance process in 6 steps: Timeline to closeLearn how the mortgage refinance process works. This step-by-step guide takes you from application to closing day.
About MortgagesOctober 28, 2022What Is a Good Debt-to-Income Ratio for a Mortgage?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.
About MortgagesOctober 21, 2022Lender credits: How mortgage lenders can pay your closing costsLender credits are an arrangement where the mortgage lender pays some or all of your closing costs in exchange for a higher interest rate.