Manual underwriting is one of the ways a lender can review your loan application for approval. Learn more about what this means for you and your loan.| www.rocketmortgage.com
A down payment is the percentage of a home's purchase price you pay up front. Learn how down payments work and how much you should put down on a house.| Rocket Mortgage
Are you applying for an FHA loan? Read on to learn about the FHA mortgage insurance premium (MIP) you’ll need to pay in addition to your mortgage payment.| Rocket Mortgage
A mortgage calculator that estimates monthly home loan payment, including taxes and insurance.| www.rocketmortgage.com
Your loan-to-value ratio (LTV) measures your loan amount against the value of the home you're buying. Figure out how your LTV ratio is calculated.| Rocket Mortgage
Your debt-to-income ratio (DTI) measures your total income against any debt you have. Learn what a good DTI is, how to calculate it and how to lower it.| Rocket Mortgage
A primary residence is a type of property classification. Learn the rules for primary residences and how they impact your mortgage rate and tax deductions.| Rocket Mortgage