Author | Rocket Mortgage

Mortgage Statements: What Are They And How Long Should You Keep Them?

Servicing - 8-minute read

Hanna Kielar - May 29, 2024

Some mortgage documents contain important info you should hold onto for tax purposes. But how long should you keep mortgage statements? Find the answer.

Cost Basis Real Estate: How To Calculate

Mortgage Basics - 5-Minute Read

Hanna Kielar - May 28, 2024

Cost basis in real estate is the original value that a buyer pays for their property. Learn more about cost basis and how to calculate it.

You Spoke, We Took Action: Insurance Loss Process Changes

2-minute read

Hanna Kielar - May 16, 2024

We wanted to make it easier and faster to review a claim and endorse your insurance check. Learn how we’ve streamlined the insurance loss claims process.

Checklist Of Things To Do After Moving Into A New Home

Home Buying - 7-minute read

Hanna Kielar - April 26, 2024

Are you trying to figure out what to do once you move into a new home? Use this checklist of things to do after moving to help you make a seamless transition.

What Is Underwriting? Understanding The Underwriting Process

Mortgage Basics - 6-minute read

Hanna Kielar - April 26, 2024

Underwriting is a crucial part of the loan approval process. Learn more about what underwriting is, plus tips for having the best underwriting experience.

USDA Vs. Conventional Loans: What's The Difference?

Loan Types - 6-minute read

Hanna Kielar - April 25, 2024

To help determine the best mortgage solution for you, we've created a comprehensive guide that compares the pros and cons of USDA vs. conventional loans.

A Guide To USDA Guaranteed Vs. Direct Loans

Loan Types - 7-minute read

Hanna Kielar - April 25, 2024

Wondering about how USDA guaranteed and direct loans compare? Check out our guide to determine which USDA loan product fits your rural housing aspirations.

How Do Super Conforming Loans Work?

Loan Types - 4-minute read

Hanna Kielar - April 24, 2024

A super conforming loan can be an affordable loan option for homes in high-cost areas. Learn how these loans work and how they compare with jumbo loans.

Buying A House As-Is: What To Know

Home Buying - 8-minute read

Hanna Kielar - April 24, 2024

Buying a house as-is comes with caveats unique to this particular type of sale. Learn about what to consider before you buy a house that’s being sold as-is.

How To Determine If You Should Buy A House

Home Buying - 6-minute read

Hanna Kielar - April 24, 2024

A lot of factors go into determining whether or not you should buy a house. Here’s what you need to know when making the decision to buy now, or hold off.

What Is Rental Property Depreciation And How Does It Work?

Servicing - 6-minute read

Hanna Kielar - April 24, 2024

Rental property depreciation is a big tax advantage that can make real estate investment profitable beyond the income it generates. Learn how it works.

What Is A Rambler House? 5 Types Of Ranch-Style Homes

Home Buying - 5-minute read

Hanna Kielar - April 21, 2024

Are you curious about what a rambler house is and what it has to offer? Read to learn more about the history, characteristics and common types of rambler homes.

What Is Ownership Interest In A Property?

Home Buying - 5-minute read

Hanna Kielar - April 20, 2024

Ownership interest in a property refers to the real estate rights that one or multiple owners hold. Learn more about the various types of ownership interest.

Who Is A Mortgagee, And What Does It Mean When Buying A House?

Mortgage Basics - 3-minute read

Hanna Kielar - April 20, 2024

If you’re considering buying a home, you’ve probably seen the term “mortgagee.” Learn who a mortgagee is, and what role they play in the home buying process.

Qualifying For A Mortgage: The Basics

Home Buying - 9-minute read

Hanna Kielar - April 19, 2024

Many factors can determine whether you qualify for a mortgage. Learn what factors affect your mortgage qualification and how you can improve your chances.

Letter Of Explanation: Why It’s Important And How To Write One With Your Mortgage Application

Mortgage Basics - 7-minute read

Hanna Kielar - April 18, 2024

A letter of explanation can be important in the mortgage underwriting and application process. Learn when and how you’ll need to create an explanation letter.

How Much Can A 1% Difference In Your Mortgage Rate Save Or Cost You?

Mortgage Basics - 8-minute read

Hanna Kielar - April 18, 2024

How much does 1% save on a 30-year mortgage? It may seem like nothing, but it adds up. Learn how your interest rate impacts the total cost of your mortgage.

What Is A Home Appraisal And How Much Does It Cost?

Home Buying - 11-minute read

Hanna Kielar - April 17, 2024

A home appraisal determines the value of a home, whether for buying, selling or refinancing. Learn how this process works and what an appraisal might cost you.