mortgage terms

Discover the benefits and considerations of a 5/1 ARM loan. Learn if this adjustable-rate mortgage is the right choice for your home financing...

Deed of trust is a legal instrument in which the buyer transfers the title of the property to a trustee as security against a mortgage. Learn how a deed of trust...

✏️ Editor’s Note: Realtor Associations, agents, and MLS’ have started implementing changes related to the NAR’s $418 million settlement. While home-sellers will likely save thousands in...

The average mortgage payment is the amount a homeowner pays each month to their lender to repay the loan used to purchase their...

Mortgage Origination Fee is an upfront amount the lender charges to process the mortgage at the time of...

Know the reasons for providing an explanation letter for mortgage approval and know how to write one. Use our free...

MBS is a financial tool that allows investors to obtain asset ownership without having to buy or sell mortgages...

An acceleration clause is a provision made for the lender to demand immediate and full repayment from the...

Discover how manual underwriting can help you get a mortgage approval. Learn why it matters and how it benefits you in the...

Tenancy in common allows co-owning property with shared rights and responsibilities. Discover its workings, pros, cons, and differences from joint...