7-24 of 149

Young family moving into a new home, carrying boxes and household items.

Mortgage Basics - 9-MINUTE READ

Rachel Burris - Aug 26, 2024

Buydown: A Way To Reduce Interest Rates

Buydowns are methods used by buyers and sellers to lower interest rates in the early years of a new mortgage. Find out if a buydown is right for you.

Woman looking over a bill in her kitchen.

Mortgage Basics - 6-MINUTE READ

Kevin Graham - Aug 15, 2024

Mortgage Forbearance Vs. Deferment: What’s The Difference?

For homeowners dealing with financial hardship, relief options include forbearance and deferment. Learn more about mortgage forbearance versus deferment.

A young couple inspecting a house, potentially considering it for purchase.

Mortgage Basics - 4-MINUTE READ

Victoria Araj - Aug 9, 2024

How Does A Mortgage Contingency Work?

A mortgage contingency is a clause that sets up certain conditions for a real estate transaction. Learn how this can protect both home buyers and home.

A family walking by a house, suggesting a family near or approaching a residential property.

Mortgage Basics - 7-MINUTE READ

Victoria Araj - Aug 2, 2024

Mortgage Recasting: What You Should Know Before You Reamortize

A mortgage recast is when you make a lump-sum payment toward your principal balance to reduce your monthly payments. Learn how mortgage recasting works.
Windowed Interior

Mortgage Basics - 6-MINUTE READ

Victoria Araj - Jul 30, 2024

The Appraisal Waiver: What Home Buyers Should Know

Some buyers are able to skip the appraisal process when purchasing their home. Learn more about appraisal waivers and their benefits with our complete guide.

A beautiful house near woods, portraying a serene setting with nature in the background.

Mortgage Basics - 6-MINUTE READ

Scott Steinberg - Jul 30, 2024

Appraised Value Vs. Market Value: Knowing The Difference

Knowing the difference between appraised value vs. market value is key when purchasing a home. Learn more about the role each plays in real estate transactions.

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 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.
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 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.
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 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 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 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.

6-MINUTE READ

Kevin Graham - Sep 9, 2024

What Is Fannie Mae’s Community Seconds Program?