Rocket Mortgage announced today that it will soon default to VantageScore 4.0 instead of the FICO score it relied upon for ...

For years, I wanted to create a “mortgage rate calculator” that laid out different mortgage rates and corresponding payments to help home buyers and existing homeowners quickly compare rates. This ...

One of the most important steps you can take when obtaining a home loan is mortgage rate shopping. Most home buyers (and those looking to refinance) don’t even bother to do it. Studies show they only ...

If you’re curious about “house hacking,” my house hacking calculator could be useful. Let me break it down quickly for those who aren’t sure what house hacking is. It’s simply buying a multi-unit ...

Let’s take a moment to talk about “interest-only mortgages.” A decade ago, very few individuals seemed to be interested in actually paying off their mortgages. Many prospective and existing homeowners ...

I think it goes without saying that everyone with a mortgage (or thinking about getting one) wants the lowest interest rate possible. After all, who wouldn’t want to save money each month for the next ...

Below is a list of “mortgage help” topics I feel are beneficial to anyone thinking about buying real estate, getting a mortgage, currently going through the mortgage process, or even those who already ...

When applying for a mortgage, a mortgage broker or lender will likely inquire about your assets, and more specifically, your liquid assets. They’ll want to know what you’ve squirreled away in order to ...

One interesting aspect of the home loan process is the sheer number of individuals you’ll work with along the way. You don’t just speak to a salesperson and call it a day. Lots of people are involved ...

Today we’ll check out another home builder’s in-house mortgage lender, this time KB Home’s “KBHS Home Loans.” As the name suggests, they are the affiliated lender for home builder KB Home, a ...

Mortgage rates aren’t so low these days. In fact, they’ve basically doubled since early 2022. While this clearly isn’t great news for aspiring home buyers or those looking to refinance, it has opened ...

As the name implies, “prepaid interest” is money you owe to a bank or mortgage lender that is paid in advance of when it is actually due. In terms of why it needs to be paid before the due date, there ...