A deed of reconveyance is a document that transfers title to a property from the mortgage lender to the borrower. Learn more about how a reconveyance works.<...

A mortgage contingency in a purchase agreement allows you to back out of the home purchase if you can't secure financing. Learn more about how it works.

If you have a mortgage, you already have one lien on your property. However, there are other types of liens, and some can make it harder to sell the property.

Fee simple ownership provides you with full, indefinite ownership of your private property and land. Learn more about how it works and which forms exist.

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.

Learn how bond rates affect mortgages and how the bond and mortgage markets are closely connected. See how bond and mortgage rates fluctuate and understand the ...

Mortgage servicing rights (MSR) explain who manages your loan after closing. Learn what mortgage servicing rights are, why lenders sell them, and what they chan...

An abstract of title shows all legal documentation associated with a property. Learn why an abstract of title is important in real estate.

 An appraisal contingency lets you renegotiate or walk away if a home appraises below your offer price. Learn how it works, and when waiving it may be risk...

Your mortgage payment includes principal, interest, taxes, and insurance, also known as PITI. Learn how PITI can help you budget effectively for buying a home.

If you fall behind on payments and get a foreclosure notice, all hope is not lost. The right of redemption may allow you to keep your home.

When you're buying a home, the 28/36 rule helps assess mortgage affordability by considering your housing costs, debt, and income. Learn why it's important.

A mortgage is typically secured because your home serves as collateral. Learn how secured vs. unsecured debt works, what happens if you miss payments, and more.

Making an extra mortgage payment each year could help you save on interest. Use this guide to figure out how much difference it will make for your finances.

A loan estimate, or a “good faith estimate,” is a standardized document detailing your loan’s terms. Here’s how to use one before get...

A deed in lieu of foreclosure is an option that could allow you to stay in your home and protect your credit. Here’s how it works.

Preapproval and prequalification are both important steps toward getting a mortgage, but what’s the difference? Learn when you need each and what to do ne...