Author | Rocket Mortgage

VA Loans: Rates, Eligibility Requirements And More

Loan Types - 10-minute read

Victoria Araj - July 01, 2024

A VA home loan is a type of mortgage financing designed for veterans and active-duty service members. Learn more about using a VA loan with our complete guide.

What Is An Abstract Of Title In Real Estate?

3-minute read

Victoria Araj - June 20, 2024

An abstract of title shows all legal documentation associated with a property. Learn why an abstract of title is important in real estate.

Land Survey: What It Is, Types And Cost

Home Buying - 5-minute read

Victoria Araj - June 12, 2024

A land survey shows the shape and boundaries of a piece of land. Learn about the types of land surveys and what they can offer property owners.

How Many Parties Does A Mortgage Involve?

Home Buying - 8-minute read

Victoria Araj - June 07, 2024

A variety of parties are involved when it comes to acquiring a mortgage and buying a home. Learn about the key players in a real estate transaction.

Home Equity Line Of Credit (HELOC): Defined And Explained

Mortgage Basics - 8-minute read

Victoria Araj - June 05, 2024

A home equity line of credit, or HELOC, is a second mortgage to leverage the equity in your home for cash. See how a HELOC works and if it’s right for you.

How To Buy A House With No Money Down

Home Buying - 9-minute read

Victoria Araj - June 04, 2024

If you're struggling to come up with a down payment, you may still be able to qualify for a home loan. Learn how to buy a house with no money down.

APR Vs. Interest Rate: What’s The Difference?

Mortgage Basics - 5-minute read

Victoria Araj - June 02, 2024

Interest rate and APR are terms you'll often see when comparing loans. Let's explore the details of APR vs. interest rate and why the difference matters.

Understanding Appraisal Vs. Assessment

Home Buying - 3-minute read

Victoria Araj - June 02, 2024

If you're preparing to buy a home, it's important to understand the difference between an appraisal and an assessment. Learn how these terms compare.

How Much Does Title Insurance Cost? Estimates, Requirements And Savings Tips

Mortgage Basics - 5-minute read

Victoria Araj - May 30, 2024

How much does title insurance cost? It varies, but the cost is generally 0.5% – 1% of the home’s sale price. Learn more about the cost of title insurance.

First-Time Home Buyers And Down Payments: 73% Of Buyers Put Down Less Than You Think

4-minute read

Victoria Araj - May 30, 2024

Many believe they need a 20% down payment to buy a house, but is that true? Let’s look at the actual data surrounding first-time home buyers and down payments.

What Is Negative Equity On Your Mortgage?

Refinancing - 5-minute read

Victoria Araj - May 28, 2024

Learn about negative equity and how it can affect your mortgage. Use our tips to avoid negative equity and what you can do if your mortgage is underwater.

Are Closing Costs Tax-Deductible?

Home Buying - 7-minute read

Victoria Araj - May 27, 2024

Some of your closing costs may be tax-deductible. Get answers about which closing costs you can deduct on your taxes after buying a home.

Pros And Cons Of Buying A House With Cash

Home Buying - 6-minute read

Victoria Araj - May 24, 2024

Buying a house with cash can streamline the home buying process, but it can also come with a few downsides. Learn how to buy a house with cash here.

What To Bring To Closing: A Buyer's Checklist

Home Buying - 4-minute read

Victoria Araj - May 21, 2024

Alleviate some of the stress that comes with closing day by preparing the items you’ll need to bring to the closing table ahead of time. Read to learn more.

Relocating For A Job: 12 Steps You Need To Know Before Moving

Home Buying - 6-minute read

Victoria Araj - May 20, 2024

Relocating for a job can offer exciting opportunities in a new place. These 12 steps help ensure a seamless move and smooth transition into your new job.

FHA Streamline Refinance: Pros, Cons And Rates

Loan Types - 7-minute read

Victoria Araj - May 20, 2024

An FHA Streamline Refinance can decrease your monthly mortgage payments on an FHA loan. Learn more about the benefits, requirements and current rates.

What Is A Rate-And-Term Refinance?

Refinancing - 8-minute read

Victoria Araj - May 20, 2024

Are you looking to adjust your interest rate or loan term? Learn about the rate-and-term refinance to determine whether it’s a good option for you.

A Guide To The Tax Implications Of A Cash-Out Refinance

Refinancing - 7-minute read

Victoria Araj - May 17, 2024

Wondering how a cash-out refinance will affect your taxes? Read our guide to learn about cash-out refinance tax implications and possible complications.