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Mortgage Basics - 4-MINUTE READ
Victoria Araj - Aug 25, 2023
Impound Accounts Explained: Why Your Lender Holds Funds
Some mortgage servicers arrange impound accounts to collect fees from home buyers. But how do they work, and do they benefit you? Keep reading to find out.
Mortgage Basics - 5-MINUTE READ
Laura Gariepy - Jul 24, 2023
What Is An Escrow Holdback, And How Can It Help You Close On Time?
You’re close to closing when an appraisal reveals a problem and your lender demands a repair. Find out how an escrow holdback can keep closing day on track.
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.
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.
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.
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!
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.
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.
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 real estate. Learn about mortgagors versus mortgagees and their relationship.
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.
Mortgage Basics - 4-MINUTE READ
Sarah Sharkey - Mar 14, 2023
What Is A Subordinate Mortgage?
A subordinate mortgage can be a complex topic with implications for borrowers. Uncover important realities you need to know about mortgage subordination.
Mortgage Basics - 3-MINUTE READ
Scott Steinberg - Feb 27, 2023
What Is A Dry Closing And What States Have Dry Funding?
A dry closing occurs when everything but payment is completed at closing. Find out what a dry closing is and which states allow dry closings.
Mortgage Basics - 4-MINUTE READ
Lauren Nowacki - Feb 27, 2023
Blanket Mortgages: Everything You Need To Know
Blanket mortgages finance multiple properties under one loan. Uncover the pros and cons of blanket loans to see if this type of financing is right for you.
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.
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.
Mortgage Basics - 4-MINUTE READ
Victoria Araj - Feb 24, 2023
Mortgagee Clause: Definition And How It Works
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 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.