An adjustable rate mortgage (ARM) can be a great home loan option for certain homeowners. Explore your ARM options from Rocket Mortgage – and apply today.| www.rocketmortgage.com
PMI can raise your mortgage payment, but you may be able to cancel it once you have 20% equity in your home. Learn how to get rid of PMI and save.| Rocket Mortgage
Are you considering an FHA loan? Explore the benefits, process, and requirements of getting an FHA loan with Rocket Mortgage – and apply today.| www.rocketmortgage.com
“Loan term” often refers to how much time it takes a borrower to pay off their mortgage when making regular payments. Learn more about loan term options here.| Rocket Mortgage
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
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
For a home buyer, closing costs are typically 3% – 6% of the loan amount. Learn more about how to calculate your closing costs and what’s included in them.| www.rocketmortgage.com
