If you’re like a majority of homeowners today, you have a mortgage with an escrow account. And like most of those homeowners, you understand the basics of escrow, but when it comes to shortages and overages, it can be difficult to keep it all straight.
Should you be worried if your mortgage is taking a little longer than expected to make it across the finish line? Here are some of the reasons those delays may be happening and what you can do about them.
Just about the only thing that’s as intimidating as getting a mortgage is all the jargon associated with the process. Here are some basic terms you should understand before getting a home loan.
What factors affect your mortgage rate and how can you get the best rate possible? The answers are but a click away!
What goes into your closing costs? How do you keep them under control so you have enough money to seal the deal and finalize the loan? You’ve got the questions; we’ve got the answers.
Learn what a revision request is and how to handle it if you receive on during your mortgage process.
It can be tempting to think of the mortgage interest rate as a number your lender pulls out of thin air. We hear on a regular basis that rates are trending up or down, but what influences these trends and what role does the government play in shaping them?
A Federal Housing Administration (FHA) loan provides many benefits for home buyers and those who are trying to refinance. Let’s take a minute to better understand the particulars of this government-insured program to see if it’s the right decision for you.
The VA home loan program is a great benefit for veterans and eligible active duty service members serving our country at home and abroad. We put together a new video on the advantages of this great loan program.
One potentially confusing aspect of rate shopping for mortgages is that you’re actually looking at two different rates: the interest rate and something called the APR. What gives? Quicken Loans Home Loan Expert Kevin Ruzylo lays out the difference for you.