Related Resources

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A yard with flowers, representing a beautiful home exterior.

Mortgage Basics - 5-MINUTE READ

Sarah Lozanova - Nov 7, 2024

What Does Collateral Mean And How Does It Work?

Collateral is any asset a lender accepts to secure a loan. Explore different types of collateral loans, their pros and cons, and how to get one.
Woman sorting letters at a desk.

Mortgage Basics - 6-MINUTE READ

Kevin Graham - Nov 6, 2024

How A Fed Rate Drop Affects Home Buyers And Sellers

What’s the impact on home buyers and sellers when the federal funds rate drops? Learn how a Fed rate drop impacts interest rates and home loans.

Two individuals discussing a mortgage prequalification.

Mortgage Basics - 6-MINUTE READ

Dan Miller - Nov 5, 2024

Mortgage Prequalification: What Is It And How Does It Work?

Mortgage prequalification gives you an estimate of the amount you can borrow to buy a house. Learn more about the loan prequalification process here.
A cozy house with a charming porch and a well-maintained lawn.

Mortgage Basics - 5-MINUTE READ

Kevin Graham - Nov 5, 2024

Truth In Lending Act (TILA): Defined And Explained

The Truth in Lending Act (TILA) protects consumers from unfair lending practices. Find out what TILA requires and how it can protect you.

Young couple standing in their kitchen together looking over papers on the counter.

Mortgage Basics - 7-MINUTE READ

Kevin Graham - Nov 1, 2024

Mortgage Fees To Avoid

Knowing what fees to watch out for before and after you close your loan can save you money. Learn how to recognize fees you can avoid.

Man on phone getting mortgage pre-approval.

Mortgage Basics - 4-MINUTE READ

Miranda Crace - Oct 28, 2024

How Long Does A Mortgage Preapproval Last?

How long a mortgage preapproval lasts will depend on the lender, but it’s usually 60 – 90 days. Uncover more about how long mortgage preapprovals last.
A frustrated young couple, expressing frustration or stress.

Mortgage Basics - 6-MINUTE READ

Molly Grace - Oct 23, 2024

What Is Preforeclosure And How Can You Avoid It?

Preforeclosure is the first legal step toward foreclosure. Uncover tips on how to avoid foreclosure and discover some options available to homeowners.
A modern house in twilight, showcasing the architectural design of a modern residence.

Mortgage Basics - 4-MINUTE READ

Miranda Crace - Oct 21, 2024

What Is Real Property? Definition and Types

Real property determines who has legal rights to a home, so it’s crucial to know its definition. Learn what real property is and what it means for buyers.

Calculating mortgage payments, representing financial planning or budgeting.

Mortgage Basics - 10-MINUTE READ

Kevin Graham - Oct 21, 2024

What Is A Mortgage Acceleration Clause?

A mortgage acceleration clause means that your entire mortgage balance becomes due if you default on your repayment. Learn more about the acceleration clause.

A couple talking with a mortgage lender, potentially in a home buying process.

Mortgage Basics - 6-MINUTE READ

Victoria Araj - Oct 15, 2024

Getting A Mortgage With A New Job: What To Know

Getting a mortgage with a new job or in between jobs can be challenging, but not impossible. Learn how to approach the mortgage process with confidence.

A man with a credit card, potentially symbolizing financial transactions or purchases related to homeownership.

Mortgage Basics - 4-MINUTE READ

Dan Rafter - Oct 14, 2024

Does Mortgage Preapproval Affect Your Credit Score?

Worried that getting preapproved for a mortgage will hurt your credit score? Learn how preapproval impacts your credit, including by how much and for how long.
Family moving into a home, unloading boxes and settling into their new living space.

Mortgage Basics - 8-MINUTE READ

Victoria Araj - Oct 8, 2024

How To Get A Mortgage: A Step-By-Step Guide

Wondering how to get a mortgage? Our guide will walk you through the key steps to getting a mortgage and what lenders are looking for.

A gay couple cuddling on a couch while using a computer.

Mortgage Basics - 6-MINUTE READ

Dan Rafter - Oct 8, 2024

What Is MERS For Mortgages?

MERS is an online mortgage registration system that tracks a home loan’s servicing rights and ownership interests. Learn more about MERS here.

A small greenhouse or conservatory, showcasing a structure designed for gardening, relaxation, or cultivating plants within a home setting.

Mortgage Basics - 10-MINUTE READ

Cathie Ericson - Sep 25, 2024

Contingent: What It Means In Real Estate

In real estate, “contingent” refers to conditions that must be met for a sale to proceed as planned. Learn how contingencies protect potential home buyers.

Two-story white house in winter with snowy lawn and trees.

Mortgage Basics - 6-MINUTE READ

Ashley Kilroy - Sep 23, 2024

What Does Assessed Value Mean And How Is It Determined?

The assessed value of a home helps determine its worth for property tax purposes. Discover how a home’s value gets assessed and why this matters.

A beautiful red brick house representing good architectural design.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - Sep 13, 2024

Mortgage Loan Limits Are On The Rise

Rocket Mortgage has updated conventional loan limits. Mortgage limits have gone up for most. Read on for details as well as FHA and VA loan limits.

Image illustrating a business handshake, potentially representing a financial agreement or collaboration.

Mortgage Basics - 8-MINUTE READ

Victoria Araj - Sep 12, 2024

What Parties Are Involved When Getting A Mortgage And Buying A House?

A variety of parties are involved when it comes to acquiring a mortgage and buying a home. Learn about the key players in a real estate transaction.

 

A family having a meal in their backyard.

Mortgage Basics - 7-MINUTE READ

Hanna Kielar - Sep 10, 2024

What Is A Conventional Loan?

Conventional loans are a traditional mortgage option. Learn what a conventional home loan is, how it works and common lender requirements in our guide.

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