A mortgage preapproval determines how much you can borrow for your mortgage. Here’s what to expect from your lender and how to navigate the preapproval process.| Rocket Mortgage
A prepayment penalty is a fee some lenders charge when you pay all or part of your loan off early. Find out what triggers the fee and how to avoid it.| Rocket Mortgage
Are you looking to adjust your interest rate or loan term? Learn about the rate-and-term refinance to determine whether it’s a good option for you.| Rocket Mortgage
A mortgage rate lock prevents changes to your interest rate as you prepare to close. Learn about the steps you can take to lock in your mortgage rate.| Rocket Mortgage
Buying a house involves many steps, so we broke it down for you. Get educated and avoid obstacles by checking out our comprehensive guide on how to buy a house.| Rocket Mortgage
Getting a mortgage can feel daunting if you’re a first-time home buyer. Learn the steps you must take to prepare for and successfully apply for a mortgage.| 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
The mortgage application process has five important steps. Learn each step of the mortgage process from start to finish for a smooth path to homeownership.| Rocket Mortgage