Your Closing Disclosure is an important mortgage document, but it can be difficult to interpret. We broke down the essential components in this complete guide.

To qualify for some mortgages, your lender may need a letter of your intent to occupy the property. Learn what the letter should include and how to write it.

When you buy a home with a co-borrower, you typically share ownership of the loan and the home. Let’s explore the pros and cons of having a co-borrower.

Close of escrow is the point in the real estate transaction when all parties have fulfilled their responsibilities. Read on to learn how close of escrow works.

The Constant Maturity Treasury rate plays a key role in determining adjustable-rate mortgage interest rates. Learn about the CMT rate and how it impacts your monthly payments.

Not sure what to expect at your house closing? Familiarize yourself with these closing documents to prepare yourself and streamline the process.

Defeasance clauses assure buyers that they’ll get the title once they meet all payment conditions. Learn more about the impact of defeasance on your mortgage.

Borrowers can face mortgage servicing fees in certain situations. Discover what mortgage fees to avoid as a homeowner, including late payment and recast fees.

What’s the difference between assessed value and market value? One is the home’s tax-assessed value; the other is what buyers are willing to pay. Learn more.

While shopping for home loans, you’ll need to decide between a fixed-rate or adjustable-rate mortgage. Learn how they differ and which is better for you.

Mortgage insurance protects lenders against default on home loans. Learn more about the different types of mortgage insurance, how much it costs and more.