VA loans are loans originated by third-party lenders, like Rocket Mortgage, and backed by the VA. Learn more about how VA-guaranteed loans work.

A 1031 exchange allows investors to exchange a property for another of equal or greater value and avoid capital gains taxes. Learn how a 1031 can help you.

An open house is an event a seller or their real estate agent hosts to allow potential buyers to view their home in person. Learn how it works.

A no-closing-cost refinance lets you refinance without paying closing costs upfront. Learn how to refinance without closing costs and when it makes sense to ...

Until recently, LIBOR was a longstanding benchmark interest rate for adjustable-rate mortgages and other loans. Learn about LIBOR and its replacement.

A home appraisal determines the value of a home. Learn how this process works for those who are buying, selling or refinancing a home.

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

Wraparound mortgages offer the convenience of seller-backed financing, but they aren’t without risk. Learn more about this mortgage loan type here.

Explore how you can get preapproved for an FHA loan, what you’ll need to qualify and how the preapproval process works for this type of loan.

A low credit score doesn’t have to mean a HELOC denial. Learn about getting a HELOC with bad credit, including the pros, cons and alternative options.

A lease purchase agreement between a tenant and a landlord allows the renter the option to eventually buy the property. Learn how this arrangement works.

Buying a house during inflation can be challenging, but it’s possible. Learn what to consider when deciding whether to buy a house during inflation.

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.

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 transactio...

An FHA jumbo loan lets you borrow a higher loan amount and make a lower down payment. Check out our guide to FHA jumbo loan limits and requirements.

A probate sale takes place when an owner dies without a legal will. Learn how to buy a probate property and see if probate real estate makes sense for you.

A 15-year mortgage is paid over 15 years, while a 30-year mortgage is paid over 30 years. Understand the pros and cons of both loan terms.