Author | Rocket Mortgage

Appraisal Vs. Inspection: A Guide

Home Buying - 5-minute read

Victoria Araj - May 15, 2024

Appraisals and inspections are critical steps in the home buying process. Learn how to identify the key differences in appraisals versus inspections.

Everything You Need To Know About How Rent-To-Own Works

Home Buying - 7-minute read

Victoria Araj - May 14, 2024

Rent-to-own homes let you put part of your monthly rent toward a down payment on the property. Explore what a rent-to-own home is and how it works.

How To Recognize A Reverse Mortgage Scam

Loan Types - 5-minute read

Victoria Araj - May 13, 2024

You or a loved one could be at risk for falling for a reverse mortgage scam. Learn about the most common scams and where to look for red flags.

How A Mobile Home Refinance Works

Refinancing - 6-minute read

Victoria Araj - May 10, 2024

A mobile home refinance is possible for those looking to refinance their existing loan. Read more about how the manufactured home refinance process works.

What Is Fannie Mae (FNMA)? A Guide For Home Buyers

Mortgage Basics - 7-minute read

Victoria Araj - May 10, 2024

The Federal National Mortgage Association (FNMA), or Fannie Mae, purchases and backs mortgage loans for borrowers. Learn more about how Fannie Mae works.

HELOC Vs. Cash-Out Refi: Which Is Best For You?

Loan Types - 8-minute read

Victoria Araj - May 09, 2024

Cash-out refinances and HELOCs can help homeowners secure funds when they need them. Learn the difference between the two and choose which is best for you.

HomeReady® Mortgage: How To Apply For This Loan

Home Buying - 6-minute read

Victoria Araj - May 09, 2024

A HomeReady mortgage can assist you in the home buying process, offering you a lower down payment. Learn more about how to apply for this loan program.

Cash-Out Refinance: Rates And Guide For Homeowners

Refinancing - 10-minute read

Victoria Araj - May 08, 2024

Cash-out refinancing helps you leverage your home equity into cash. Learn more about the pros and cons, and check current rates to see if it's right for you.

What Is A Real Estate Agent And What Do They Do?

Home Buying - 7-minute read

Victoria Araj - May 08, 2024

Wondering what exactly a real estate agent does day by day? Read our article to learn more about what a real estate agent does for a buyer and seller.

How To Refinance FHA To Conventional Loan

Refinancing - 7-minute read

Victoria Araj - May 08, 2024

Refinancing from an FHA loan to a conventional one offers several benefits. Learn how to refinance from an FHA loan as well as other pros and cons.

What Is The Refinance Break-Even Point?

Refinancing - 8-minute read

Victoria Araj - May 06, 2024

The break-even point for a refinance tells homeowners how long it will take to recoup refinance costs. Learn how to calculate your potential savings here.

Senior Refinance Programs For Mortgages And Who Qualifies

Refinancing - 6-minute read

Victoria Araj - May 03, 2024

Americans 65+ can save money on their mortgage with options like rate and term refinances. Explore senior refinance programs to make it easier to qualify.

Home Equity Loan Approval When You’re Self-Employed

Loan Types - 6-minute read

Victoria Araj - May 03, 2024

Getting approved for a home equity loan looks a little different when you’re self-employed. Learn what lenders look for and explore some alternative options.

Understanding Principal Reduction: What It Is And How It Helps Homeowners

Mortgage Basics - 4-minute read

Victoria Araj - May 02, 2024

Principal reductions lower the total balance on a home loan. Learn more about how these programs worked and what options are still available.

FHA Home Loan Closing Costs: How Much Should I Expect To Pay?

5-minute read

Victoria Araj - May 02, 2024

FHA closing costs range from 3% to 6% of a home’s price and require a 1.75% payment for the upfront mortgage insurance premium. Learn about FHA closing costs.

When Is The Best Time Of Year To Buy A House?

Home Buying - 8-minute read

Victoria Araj - May 01, 2024

Wondering about the best time of year to buy a house? We’ve broken down all of the factors to consider, including the season, weather, price and more.

How To Buy A House: Your Step-By-Step Guide To Buying In 2024

Home Buying - 15-minute read

Victoria Araj - May 01, 2024

Buying a house involves many steps, so we broke it down for you. Get educated and avoid obstacles by checking out our comprehensive guide on how to buy a house.

How To Buy A House Online: A Quick Guide

Home Buying - 7-minute read

Victoria Araj - April 27, 2024

Looking to buy a house online? No matter if you’re moving near or far, an online home purchase is possible. Here’s what you need to know.