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A couple reviewing documents with an advisor or financial professional.

Mortgage Basics - 5-MINUTE READ

Sarah Sharkey - Jul 25, 2024

What Is A Mortgage Maturity Date And How Does It Work?

A mortgage maturity date indicates when you’re expected to make your last mortgage payment. Learn more about how maturity dates work and how to find yours.
Woman sorting letters at a desk.

Mortgage Basics - 4-MINUTE READ

Kevin Graham - Jul 25, 2024

Mortgage Servicing Transferred? Here’s What You Should Know

Have you received word that your mortgage servicing has been transferred? We’ll go over why this happens, what changes,’ and what to expect.

Financial meeting, depicting discussions or planning regarding finances.

Mortgage Basics - 3-MINUTE READ

Kevin Graham - Jul 25, 2024

The Benefits Of Servicing With Rocket Mortgage

Dealing with your mortgage doesn’t end when you close the loan. Learn what a mortgage servicer is and why a good one is crucial.

A woman standing in front of a window, engrossed in her phone.

Mortgage Basics - 6-MINUTE READ

Hanna Kielar - Jul 25, 2024

What Are Mortgage Points And Should You Buy Them?

A mortgage point is a fee you pay to help lower the interest rate on a mortgage. Using this guide, learn more about discount points and how they work.
A woman on the phone reviewing a document, potentially related to financial or property matters.

Mortgage Basics - 3-MINUTE READ

Victoria Araj - Jul 25, 2024

What Is An Abstract Of Title In Real Estate?

An abstract of title shows all legal documentation associated with a property. Learn why an abstract of title is important in real estate.
Image of a pensive woman, possibly considering real estate or financial decisions.

Mortgage Basics - 10-MINUTE READ

Kevin Graham - Jul 25, 2024

How Does Bankruptcy Affect Your Mortgage?

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.

A man speaking to a financial advisor, potentially discussing financial planning related to real estate or homeownership.

Mortgage Basics - 5-MINUTE READ

Kevin Graham - Jul 25, 2024

What Is Correspondent Lending?

Correspondent lending happens when a lender originates and funds a mortgage, but then sells it. Read more about correspondent lending and how it works. 

A street of well constructed brick houses.

Mortgage Basics - 9-MINUTE READ

Hanna Kielar - Jul 24, 2024

Government Home Loans And More: A Guide For First-Time Borrowers

Need a mortgage with a low interest rate and credit requirement? Government home loans may be an option. See what government-backed loans are available.
An image showing balcony of a house with a green view suggesting good real estate investment.

Mortgage Basics - 6-MINUTE READ

Kevin Graham - Jul 23, 2024

Everything You Need To Know About Loan Estimates Or ‘Good Faith Estimates’

A Loan Estimate lists the key details of a mortgage, like closing costs and interest rates. Find out what other critical loan terms and costs are in the form.

A red brick colonial home in fall, depicting a colonial-style house in an autumnal setting.

Mortgage Basics - 4-MINUTE READ

Victoria Araj - Jul 19, 2024

What Is A Warranty Deed?

When you buy a home, you want to be sure that no one but you and your lender hold claim to the property. Find out how a warranty deed protects you.
A man in green sitting at a counter with a French press and a laptop.

Mortgage Basics - 4-MINUTE READ

Erin Gobler - Jul 19, 2024

What Are eMortgages And How Do They Work?

Electronic mortgages are a convenient option for some home buyers. Explore eMortgages, including how they work and whether you’re a good candidate for one.
A picturesque home with a spacious front yard, showcasing its beauty and inviting ambiance.

Mortgage Basics - 4-MINUTE READ

Victoria Araj - Jul 19, 2024

What Is The Alienation Clause In Real Estate And How Does It Work?

The alienation clause, or due-on-sale clause, requires all mortgage payments be made at the time of sale. Learn how it impacts borrowers and real estate.
Couple going through a list, potentially related to a property checklist or planning details.

Mortgage Basics - 5-MINUTE READ

Victoria Araj - Jul 19, 2024

What Is An Appraisal Contingency And When Should I Use It?

An appraisal contingency can give home buyers peace of mind about a home's purchase price. Learn how appraisal contingencies work and when to use one.
A man carefully reviewing documents related to real estate or financial matters.

Mortgage Basics - 5-MINUTE READ

Victoria Araj - Jul 16, 2024

How Much Does Title Insurance Cost? Estimates, Requirements And Savings Tips

How much does title insurance cost? It varies, but the cost is generally 0.5% – 1% of the home’s sale price. Learn more about the cost of title insurance.

Father spending quality time with his daughter, possibly engaged in a learning or creative session.

Mortgage Basics - 3-MINUTE READ

Kevin Graham - Jul 16, 2024

Freddie Mac BorrowSmart® Access℠ Expands Home Affordability

Freddie Mac BorrowSmart® Access℠ offers a credit toward the down payment or closing costs of qualified buyers in certain areas. Read on for details!

A man working on multiple computers simultaneously, indicating multitasking or tech-related work.

Mortgage Basics - 3-MINUTE READ

Sarah Sharkey - Jul 3, 2024

What Is An Automated Valuation Model (AVM)?

An automated valuation model (AVM) is a data-based tool real estate sites use to offer estimated property value on searched properties. Explore how it works.

A woman looking possibly looking at her good investments in real estate on laptop.

Mortgage Basics - 7-MINUTE READ

Hanna Kielar - Jun 27, 2024

How Are Mortgage Rates Determined? A Comprehensive Look At Mortgage Interest Rates

How are mortgage rates determined? A combination of the economic climate and personal factors. Learn how you can make the most of the current rates.
A foreclosed house for sale, depicting a distressed property.

Mortgage Basics - 4-MINUTE READ

Carla Ayers - Jun 18, 2024

What Is A Zombie Foreclosure?

Zombie foreclosures demonstrate the risks of leaving before foreclosure ends. Understand these homes and their potential to resurface and create problems later.

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