“Loan term” often refers to how much time it takes a borrower to pay off their mortgage when making regular payments. Learn more about loan term options here.

A property deed is a legal document signifying proof of ownership for a piece of real estate. Learn more about property deeds and why deeds to property matter.

Your Closing Disclosure is an important mortgage document, but it can be difficult to interpret. We broke down the essential components in this complete guide.

Trying to decide between using a co-borrower vs. a co-signer for your mortgage loan application? See the key differences between a co-signer and a co-borrower.

The Constant Maturity Treasury rate plays a key role in determining adjustable-rate mortgage interest rates. Learn about the CMT rate and how it impacts your monthly payments.

Home buyers sometimes confuse contingent versus pending. Learn the difference between pending and contingent and what the two statuses mean in real estate.

When you buy a home with a co-borrower, you typically share ownership of the loan and the home. Let’s explore the pros and cons of having a co-borrower.

Your lender tells you you’re clear to close – what comes next? Let’s take a closer look at what this means and what happens next in the mortgage process.

Learn how TRID mortgage guidelines, or “Know Before You Owe” rules, protect borrowers, including what they mean for you during the home buying process.

Defeasance clauses assure buyers that they’ll get the title once they meet all payment conditions. Learn more about the impact of defeasance on your mortgage.

Mortgage insurance protects lenders against default on home loans. Learn more about the different types of mortgage insurance, how much it costs and more.

Basis points are units of measurement that assess percentages. Learn how this financial tool can determine your mortgage cost and its potential monthly changes.

What’s the difference between assessed value and market value? One is the home’s tax-assessed value; the other is what buyers are willing to pay. Learn more.

An appraisal gap occurs when a home appraisal comes in lower than an accepted offer. Learn more about what an appraisal gap is and how this process works.

Amortization schedules your mortgage payments and tracks what the money goes toward. Learn how amortization works in real estate for different loans

Your loan-to-value ratio (LTV) measures your loan amount against the value of the home you’re buying. Learn more about LTV ratio and how it's calculated.

HUD is an acronym for the U.S. Department of Housing and Urban Development. Learn how HUD works, what it does and how it helps aspiring home buyers.