If you’re buying a home, you’ll need to know how mortgage interest will work with the loan you choose. Learn the basics of mortgage interest and why it matters.| Rocket Mortgage
Wondering how a VA cash-out refinance works? Check out our guide on the VA cash-out refi, including rates, requirements, and more to see if it’s right for you.| Rocket Mortgage
Amortization schedules your mortgage payments and tracks what the money goes toward. Learn how amortization works in real estate for different loans| Rocket Mortgage
A 5/1 ARM offers home buyers a low introductory interest rate for the first 5 years of their loan. Read on to learn how a 5/1 ARM could work for you.| Rocket Mortgage
When you get a mortgage, you pay your lender interest based on your mortgage rate. Learn what a mortgage rate is, what determines it and how to get a good one.| www.rocketmortgage.com
The principal is the amount of funding borrowed for your loan, while interest is the money paid for use of the loan. Learn how these components interact.| Rocket Mortgage
There are many types of home loans to choose from when buying a house. Learn more about the pros and cons of each type of mortgage to find the best one for you.| Rocket Mortgage
Private mortgage insurance can be a tricky subject, so we broke down what PMI is, how much it costs, and how to tell whether it's the right option for you.| Rocket Mortgage
Your first mortgage decision will likely be whether to apply for an FHA versus a conventional loan. Learn the differences between these two types of home loans.| Rocket Mortgage
While shopping for home loans, you’ll need to decide between a fixed-rate or adjustable-rate mortgage. Learn how they differ, and which is better for you.| Rocket Mortgage
The best way to pinpoint the right mortgage lender for you is to ask plenty of questions. Read through these 14 essential ones to get you started.| Rocket Mortgage
Mortgages help people buy homes, allowing millions to achieve a coveted milestone. Explore what a mortgage loan is, how it works and how to get one.| Rocket Mortgage
Annual percentage rate (APR) is the rate your loan will accrue interest at over the repayment term. See how APR works on a mortgage and why it’s important.| Rocket Mortgage
A mortgage point is a fee you pay to help lower the interest rate on a mortgage. Using this guide, learn more about discount points and how they work.| Rocket Mortgage