Buying a home sprouts so many questions about the mortgage process. Discover the answers to the most frequent questions homebuyers ask, like how to verify assets for lenders, what documentation is needed when applying for a mortgage, and more with our mortgage FAQ’s articles.

5/1 ARM vs. 5/6 ARM: Key Differences

Understanding the differences between a 5/1 ARM and a 5/6 ARM is crucial when considering adjustable-rate mortgage options. While both offer variable interest rates, their adjustment periods and mechanisms vary significantly, impacting your long-term financial strategy and homeownership goals. What You Need to Know About 5/1 and 5/6 ARM Loans Elevated home prices and rising […]

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The Lowdown on Conventional Mortgage Loans

Conventional mortgages make up most of all home loans in the U.S., and it’s the one most borrowers think of when they think of mortgages. It’s what you might think of as a traditional, garden-variety mortgage, but that doesn’t mean it doesn’t have its strengths – there are a lot of benefits to this type […]

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How Credit Affects Mortgage Rates

Let’s give credit where it’s due – to you. You’re here because you’re looking into how your credit score affects your ability to buy or refinance a home and to understand how your credit can impact the rates you’re offered. You likely know that your credit score matters and it is one of the primary […]

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Understanding the Ins & Outs of a Home Appraisal

“How do home appraisals work?” may not be on everyone’s list of burning questions, but if you’re buying, selling or refinancing a house, it should be on yours. And there’s a whole host of questions that goes along with that one, from what you can expect to how much it costs to what’s in that […]

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