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An illustration of a mortgage discussion and signing between a couple and an agent.

Mortgage Basics - 3-MINUTE READ

Hanna Kielar - Jul 12, 2023

Who Is A Mortgagee, And What Does It Mean When Buying A House?

If you’re considering buying a home, you’ve probably seen the term “mortgagee.” Learn who a mortgagee is, and what role they play in the home buying process.

A beautiful home set in the desert landscape, showcasing a unique residential setting.

Mortgage Basics - 8-MINUTE READ

Scott Steinberg - Jun 7, 2023

Breaking A Fixed-Rate Mortgage: Can And Should You Do It?

There are a number of reasons why a borrower might want to break the loan agreement for their fixed-rate mortgage. Learn about whether this is possible here.

Couple doing financial planning on a laptop, indicating financial management or budgeting.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - May 25, 2023

Understanding The Mortgage Payment Cycle And Your Statement

You’ve closed on your mortgage. Congratulations! Now learn about the timing of your payments and what’s included in your statement.

Man on the phone at home, possibly related to communication or home life.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - May 19, 2023

Take Your Mortgage Management Mobile With Our Rocket Mortgage® App

Our Rocket Mortgage® mobile app is the best way to manage your existing mortgage and handle the application process on the go. Check out the features!

A woman working on a computer at home, potentially related to online mortgage or real estate activities.

Mortgage Basics - 8-MINUTE READ

Sidney Richardson - May 2, 2023

How Often Does An Underwriter Deny A Loan?

Was your mortgage application denied during the underwriting process? Read our article about the steps you can take to improve your chances when applying again.

A happy couple reading and drinking coffee on a couch, likely depicting leisure or relaxation at home.

Mortgage Basics - 4-MINUTE READ

Sarah Sharkey - Apr 4, 2023

What Is A YOURgage® And How Does It Work?

A YOURgage® loan is a custom mortgage that can allow home buyers greater flexibility with their mortgages. Read more about YOURgages and their requirements.

A large stone house with a stone driveway, showcasing a grand residential property.

Mortgage Basics - 3-MINUTE READ

Carey Chesney - Mar 31, 2023

How To Remove A Name From A Mortgage

Financial and living situations often change over time. Here are some steps and considerations to keep in mind when trying to remove a name from a mortgage.

A handshake, symbolizing a mortgagor agreement or agreement between parties in a mortgage transaction.

Mortgage Basics - 4-MINUTE READ

Victoria Araj - Mar 31, 2023

Mortgagor: A Definition

A mortgagor is an individual or organization that borrows money to purchase a piece of real estate. Learn all about mortgagors and how mortgage loans work.

Potentially an image related to subordinate mortgages or financial agreements.

Mortgage Basics - 3-MINUTE READ

Sarah Sharkey - Mar 14, 2023

What To Know About A Subordinate Mortgage

A subordinate mortgage can be a complex topic with implications for borrowers. Uncover some important realities you need to know about mortgage subordination.

A Black woman with her daughters on a couch, looking at a computer, potentially in a home setting.

Mortgage Basics - 4-MINUTE READ

Scott Steinberg - Feb 27, 2023

What Is A Dry Closing And What States Have Wet And Dry Funding?

A dry closing happens when everything but payment is completed at closing. Here’s why that might happen and how it will affect your home sale or purchase.

Entrance of a building with white and red colors possibly a school or hospital.

Mortgage Basics - 3-MINUTE READ

Lauren Nowacki - Feb 27, 2023

What Is A Blanket Mortgage, And Should You Use One?

A blanket mortgage, or blanket loan, puts all of your real estate properties under one loan to simplify your payments. Find out here if you should use one.

A family sitting comfortably on a couch, possibly in a home setting.

Mortgage Basics - 4-MINUTE READ

Molly Grace - Feb 26, 2023

A Guide To Understanding Bundle Of Rights In Real Estate

A bundle of rights describes the legal rights associated with property ownership: the right of possession, control, enjoyment, disposition and exclusion.

A middle-aged couple at a kitchen island using a computer and calculator, potentially managing finances or planning for a home purchase.

Mortgage Basics - 5-MINUTE READ

Scott Steinberg - Feb 25, 2023

Can You Deduct Mortgage Interest On A Second Home?

In certain cases, you can use second mortgage interest deductions to reduce the amount you owe when you file taxes. Read our guide to learn if you qualify.

A blonde woman writing notes while on the phone, potentially related to real estate or work-related tasks.

Mortgage Basics - 5-MINUTE READ

Victoria Araj - Feb 24, 2023

What Is A Mortgagee Clause?

Provisions in real estate transactions can be tricky to understand. For instance, what is a mortgagee clause, and how can it impact lenders and borrowers?

Image of a women talking on her possibly to some family member while looking outside the window.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - Feb 23, 2023

Paying Off Your Mortgage? Get Your Quote By Phone

Are you looking to finally pay off your mortgage? Congratulations on the achievement! Here’s how you do it.

Mortgage Insurance in Activity Video

Mortgage Basics - 6-MINUTE READ

Feb 19, 2023

How Mortgage Insurance Works

You might be required to pay mortgage insurance, and this episode of The Red Desk explains how it’s calculated, how much you might pay, and how long you’re required to have it.

Low-Interest Rate in Activity Video

Mortgage Basics - 10-MINUTE READ

Feb 19, 2023

How To Get A Low Interest Rate

When it comes to buying a home, interest rates are everything. But how are they determined, and how can you find the best one for you? In this episode of The Red Desk, our host is going to pick apart interest rate calculations and share tips for how to lower yours.

A middle aged man working from home on the laptop and talking on the phone.

Mortgage Basics - 4-MINUTE READ

Ashley Kilroy - Feb 18, 2023

Mortgage Payoff Statement: Everything You Need To Know

A mortgage payoff statement can be a useful piece of documentation for some borrowers to request. Learn about what a payoff statement is and how it works.

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