When applying for a loan or filling out your taxes, you need to know how your property is classified. It can be a bit confusing, but we can walk you through the basics.
When you make monthly mortgage payments, a portion of that money goes toward the loan principal, and a portion is applied to the interest. Amortization is all about understanding the relationship between the principal and the interest, and how this relationship changes over the life of the loan.
Now that the economy is on the upswing, this may be a perfect time to consider investing in rental properties. With preparation and perseverance, being a landlord could provide an excellent form of passive income for you and your family. Check out these tips before jumping into the renting game.
Want to learn more about the home buying process? Watch our video, which breaks down the buying process into a few easy steps.
With a YOURgage fixed-rate mortgage, you can customize your loan term, anywhere from eight to 30 years. And with a fixed rate, you’ll have peace of mind knowing that your monthly payments will always stay the same. Watch our video to see if a YOURgage could be right for you.
Are you looking to buy your first home without a lot of money for a down payment? Do you want to refinance with minimal equity in your home? These loan options could be right for you.
If you’re looking to save thousands in interest on your mortgage, pay it off quicker, build equity in your house faster, and enjoy making monthly payments at a fixed rate, check out the Quicken Loans 15-year fixed-rate loan. It could be a great way for you to either buy your first home, or refinance your current loan.
From the very first phone call with my Home Loan Expert to signing the last document at the closing table, there’s nothing about my mortgage experience that didn’t go well with Quicken Loans. Here are five ways MyQL can improve your mortgage experience, too!
Have you ever wondered what affects the interest rates you can get on your mortgage? In this post, we’ll explain how the price of crude oil influences your pocketbook in more ways than one.
At Quicken Loans, we’re all too aware of the intricacies of the mortgage process – it’s what we specialize in, after all. But, if you’re entering the home-buying market for the first time, it can be a bit of a struggle to figure out what you should be doing and at what time. Don’t fret! Just in time for the holidays, we here at the Zing blog would like to give you the gift of preparation. Here’s our list of things you might not consider (but you totally should) before buying your home – broken down into phases of the home-buying process.