Mortgage guide
Learn how mortgages work and what it will mean for your finances to have one
Featured articles:
Prequalified vs. preapproved: what’s the difference?
A prequalification estimates how much you can afford, while a preapproval gives a better estimate and verifies your financial info for a loan. Learn more.
A walk-through on how to apply for a mortgage
The mortgage application process has five important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.
Featured resources
8-minute read
Home appraisal amount vs. loan amount
Understanding home appraisals is critical because they guide how much your home can be sold for or the amount of your mortgage loan.
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4-minute read
What Is A YOURgage® and how does it work?
If you'd like more choices than a 15- or 30-year mortgage, a YOURgage may be the solution. This Rocket Mortgage program lets you choose a custom loan term.
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5-minute read
Why the 28/36 rule matters for home affordability
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.
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6-minute read
What if the appraisal comes back lower than the offer? Here’s what’s next.
What happens if your home appraisal comes in lower than your offer? Learn about your options if your home appraisal value is less than the purchase price.
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8-minute read
What is a crypto mortgage?
A crypto mortgage is a loan that utilizes cryptocurrency holdings, such as Bitcoin, as collateral. This is how they work and why they are gaining popularity.
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6-minute read
DSCR: What it is and how to calculate it
Debt service coverage is a measure used by businesses and lenders to measure healthy debt management. Learn how to calculate it for yourself.
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