Author | Rocket Mortgage

What Is A Turnkey House? A Guide For Investors

Home Buying - 5-minute read

Victoria Araj - April 24, 2024

Turnkey properties are a popular investment option for many reasons, but do the benefits outweigh the costs? Learn more about turnkey houses to find out.

How Long Does It Take To Close On A House?

Home Buying - 6-minute read

Victoria Araj - April 24, 2024

Closing on a house typically takes 30 – 45 days, but common delays can lengthen the timeline. Get the statistics and learn how you can speed up your closing.

What Does “Time Is Of The Essence” Mean In Real Estate Contracts?

6-minute read

Victoria Araj - April 24, 2024

A "time is of the essence” clause mandates the completion of a project by a certain date. Learn more about this term and its effect on a real estate contract.

The Pros And Cons Of Buying A Lake House

Home Buying - 8-minute read

Victoria Araj - April 24, 2024

Owning a lake house may fulfill your wildest homeowner dreams, but it can come with risks. Learn whether or not you should buy a lake house with our help.

The Emotion Behind Buying A House

Home Buying - 9-minute read

Victoria Araj - April 24, 2024

Ready to buy a house – and feeling about a dozen emotions all at once? Here’s what you need to know about feeling emotion during the home-buying process.

Everything You Need To Know About The Statement Of Service For VA Loans

Loan Types - 5-Minute Read

Victoria Araj - April 24, 2024

When applying for a VA loan, you’ll need to submit a statement of service. Learn more about the statement of service for VA loans and why it’s required.

Silent Second Mortgage: What You Need To Know

Mortgage Basics - 4-minute read

Victoria Araj - April 24, 2024

Using a “silent” second mortgage to cover your down payment is illegal. Learn what assistance programs you can use instead with our complete financing guide.

Shadow Inventory: What It Is And Where You Can Find It

Home Buying - 3-minute read

Victoria Araj - April 24, 2024

Shadow inventory refers to foreclosed homes that are kept off the market by banks or homeowners. Learn why shadow inventory exists and its impact on the market.

Refinancing With The Same Lender: Is It A Good Idea?

Refinancing - 4-minute read

Victoria Araj - April 23, 2024

Should you refinance your loan with the same lender? It depends on your financial situation and what lenders are offering. Uncover pros and cons to consider.

8 Great Tips For Refinancing Your Mortgage

Refinancing - 8-minute read

Victoria Araj - April 23, 2024

Not sure what to look for or expect when refinancing your mortgage loan? Uncover some helpful tips for refinancing so you can better understand the process.

Refinance Tax Deductions: What Refinancing Costs Are Deductible And How To Claim Them

Refinancing - 7-minute read

Victoria Araj - April 23, 2024

Refinance tax deductions can help you minimize your tax burden. Learn what deductions you’re eligible for and how to claim them here.

What Was The Adverse Market Refinance Fee?

Refinancing - 3-minute read

Victoria Araj - April 23, 2024

The FHFA eliminated the adverse market refinance fee, which was used to cover increased costs during the COVID-19 pandemic. Learn how that affects refinancing.

Refinancing Your Mortgage: Requirements Explained

Refinancing - 8-minute read

Victoria Araj - April 23, 2024

Refinancing your home can give you more flexibility, but there are a few conditions you’ll have to meet first. Learn more with our in-depth requirements guide.

Refinancing For Home Improvements: A Guide

Refinancing - 5-minute read

Victoria Araj - April 22, 2024

Are you considering making home improvements? Learn how to refinance your mortgage for home improvements, the benefits of refinancing and more with our guide.

Should I Lock In My Mortgage Rate Today?

Mortgage Basics - 4-minute read

Victoria Araj - April 21, 2024

Are you unsure whether you should lock in your mortgage rate today, or wait? Learn about the mortgage rate lock and why you might consider locking your rate.

Understanding The Mortgage Loan Process

Mortgage Basics - 4-minute read

Victoria Araj - April 21, 2024

The mortgage loan process consists of eight important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.

Can You Refinance Before Selling Your Home, And When Does It Make Sense To Do So?

Refinancing - 8-minute read

Victoria Araj - April 21, 2024

Is refinancing before selling your home an option for you? Learn how to take cash out or lower your mortgage payment before you put your home on the market.

Mortgage Recasting: What You Should Know Before You Reamortize

Refinancing - 8-minute read

Victoria Araj - April 21, 2024

What is a mortgage recast? It’s a way to reduce your monthly mortgage payments and interest. Read on to see if mortgage recasting is right for you.