Mortgage basics

Learn about general mortgage topics and terms.

Featured story 12-MINUTE READ

What is a mortgage? Loan basics for beginners

Mortgage guide

Learn how mortgages work and what it will mean for your finances to have one

Mortgage terminology

Get clarity on the unique language of mortgage loans

Servicing

Answer your questions about escrow, extra payments, and more

Featured resources

A rural cottage nestled in the mountains, suggesting a serene and remote living environment.

4-minute read

Co-borrower vs. co-signer: What's the difference?

If you need help getting a mortgage, a co-borrower or co-signer can bolster your application. Learn more about buying a home with a co-borrower or co-signer.

Image of a pensive woman, possibly considering real estate or financial decisions.

8-minute read

How bankruptcy affects your mortgage: A guide

Wondering how bankruptcy affects a mortgage? Learn what happens to a mortgage if you file for bankruptcy and what it could mean for future home loans.

House with a brick path, highlighting architectural details and landscaping in a residential setting.

5-minute read

What is a lien and how does it work?

A lien gives a lender or creditor the ability to claim a property to pay off a debt. Learn how they work and about other types of property debt.

8-minute read

Escrow: What is it and how does it work?

Escrow is important to estate transactions, but what is it? Read our deep dive into escrow, how it works and why it matters when buying or selling a home.

Tan house with a double-layered front lawn, brick steps, and a wrap-around porch.

3-minute read

Escrow fees: What they cost and who pays them

Escrow fees ensure a secure exchange of funds between buyer, seller, lender and other parties. Read on to learn what they cost and who pays for them.

A couple looking at a computer in a kitchen setting.

7-minute read

What is an escrow waiver? Requirements, fees, pros and cons

When you make your mortgage payment, you may be paying extra into escrow for your insurance and taxes. Find out if an escrow waiver is right for you.

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