About Mortgages - Page 7

Bonuses and RSU income can be used for mortgage qualifying. But they're calculated differently, and not all lenders accept them. Here's what to know.

Find out who took gold in JD Power's 2020 mortgage lender satisfaction study, and learn how to choose a mortgage lender that's right for you.

Jumbo mortgage rates are low, good news for those who need larger loans. Here's why jumbo rates are low and how to get one.

Here are 16 questions to ask a mortgage lender that will ensure you get the right loan type, lowest mortgage rate, and best overall deal on your home loan.

Mortgage alternatives, like seller financing, lease-purchase, and contract-for-deed, are risky. And you might qualify for a mortgage without them.

Does it matter who your mortgage servicing company is? Learn what mortgage loan servicers do and when you'll interact with yours.

The Federal Reserve has a new policy to keep inflation and employment on target. And, it could keep mortgage interest rates low for a long time. Here's why.

Learn how mortgage rates are determined, what causes lenders to offer you a higher or lower rate, and why mortgage rates rise and fall daily.

A recent report showed racial divides in mortgage approval and denial. We look closer at the data to see why, and how anyone can improve their chance of mortgage success.

How much mortgage can you afford? Maybe up to 6 or 7 times your salary, but the answer depends on other factors, too. Get the full story here.

A mortgage loan originator is one of the most important people in the home loan process. MLOs create the link between mortgage borrower and lender.

5/1 ARM rates are typically the lowest conventional mortgage rates on the market. But 5/1 ARMs carry more risk. Is the low rate worth it for you?

The USDA loan map might shrink after the 2020 census. If so, far fewer homes could qualify next year. If you want a USDA loan, here's what you should know.

A Loan Estimate (formerly called a Good Faith Estimate) shows you all the details of a mortgage before you agree to it; including interest rate, APR, terms, fees, and more. Learn how to read a Loan Estimate here.

First time home buyer programs can have a low down payment, lower interest rate, or funds to help with down payment and closing costs. List of first time home buyer programs by state.

The market has seen a surge in digital mortgages lately, removing much of the tedious, manual work and streamline the transaction significantly.

Mortgage forbearance can defer your loan payments for up to 12 months if you're laid off or under financial stress due to COVID-19. Here's how it works.

Buyers and refinancers: Make your mortgage application and loan documents top priority. Record low rates mean big delays as lenders fill up with applicants.

A mortgage recast lets you lower your monthly payment, without the large upfront cost of refinancing. Learn more about mortgage recast here.

What is a mortgage lender? Lenders give you money to buy a house in return for repayment and interest. Here are a few kinds of lenders and loans to explore.