Down payment options for a $300K home How big of a down payment do you need for a $300,000 house? That’s going to depend entirely on the type of mortgage…

What’s the best mortgage lender? The best mortgage lenders should have excellent customer service, a broad range of mortgage products, and competitive rates and fees. Each of our 10 best…

loanDepot mortgage rates loanDepot does not show current mortgage or refinance rates on its website, loandepot.com. Home buyers will have to ask for a quote to see loanDepot’s mortgage rates,…

Your step-by-step guide to the mortgage process The mortgage loan process can seem daunting, especially if you’re a first-time home buyer. But you don’t have to go it alone. Your…

What is a mortgage? A mortgage is a loan used to buy a home. Mortgages let you borrow a large amount of money — often hundreds of thousands of dollars…

Is mortgage insurance a bad thing? Private mortgage insurance (PMI) is usually required if you put less than 20% down on a house. Many homebuyers try to avoid PMI at…

Mortgage insurance basics Mortgage insurance might sound like something that protects you – the homeowner – should you fall behind on your payments. But in reality, it’s a policy for…

Mortgage broker vs. bank: Who offers the best mortgage rates? When shopping for a home loan, you have two main options  —  a mortgage broker or a bank. One might…

What costs do you pay upfront when buying a house? Many home buyers only think about the down payment when they’re saving for a house. But you’ll also pay a…

Self-employed mortgages are readily available Self-employed mortgage borrowers can apply for all the same loans “traditionally” employed borrowers can. There are no special requirements that make it harder for self-employed…