Real estate comparables, or “comps,” are similar homes in the same neighborhood or somewhere nearby. Learn who uses real estate comps and how to find them.| Rocket Mortgage
Available neighborhood information can help home buyers determine if the area is a good one for their home search. Learn how to evaluate neighborhood info.| Rocket Mortgage
Multiple listing services (MLS) in real estate are tools REALTORS® use to view and share property listings. Learn how MLSs can benefit you in this guide.| Rocket Mortgage
Getting ready to apply for a home loan? Use our complete mortgage preapproval checklist to make sure you have everything you need before you apply.| Rocket Mortgage
Are you ready to purchase your dream home? Learn how to negotiate house prices to increase your chances of getting the best deal on your future home.| Rocket Mortgage
The Truth in Lending Act (TILA) protects consumers from unfair lending practices. Find out what TILA requires and how it can protect you.| Rocket Mortgage
In order to close on your house, you will need to bring cash to close the mortgage deal. Learn what expenses are included in your cash-to-close amount and more.| Rocket Mortgage
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
Rocket Mortgage, LLC, Rocket Homes Real Estate LLC, Rocket Card, LLC, RockLoans Marketplace LLC (doing business as Rocket Loans), and Rocket Money, Inc., are separate operating subsidiaries of Rocket Limited Partnership. Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company is a separate legal entity operated and managed through its own management and governance structure. Rocket Limited Partnership is an indirect, wholly owned subsidiary of Rocket Companies...| www.rocketmortgage.com
Calculators from Rocket Mortgage can help home buyers estimate home affordability, down payment and more.| www.rocketmortgage.com
Are you looking to finally pay off your mortgage? Congratulations on the achievement! Here’s how you do it.| Rocker Mortgage
A property title search examines public records to confirm a property’s rightful, legal owner. See how title searches work and reasons to be aware of them.| Rocket Mortgage
A purchase and sale agreement (PSA) helps ensure a buyer and a seller are on the same page before closing. See what information a PSA might contain.| Rocket Mortgage
A deed of trust is an agreement between home buyers and lenders at the closing of a property. Learn about trust deeds and how they differ from mortgages.| Rocket Mortgage
In real estate, “contingent” refers to conditions that must be met for a sale to proceed as planned. Learn how contingencies protect potential home buyers.| Rocket Mortgage
Closing on a house typically takes 30 – 60 days, but delays can lengthen the timeline. Get the statistics and learn how you can speed up your closing.| Rocket Mortgage
Considering buying an investment property? Learn what an investment property is, the types of properties you can invest in and how to get financing through a loan.| Rocket Mortgage
Ready to bump up your credit score? We’ll help you understand what your credit score means and walk you through six ways you can improve your credit score.| Rocket Mortgage
Credit scores are a key factor in mortgage lending decisions. Learn how credit scores affect mortgage rates and what credit score you need to get a home.| www.rocketmortgage.com
Learn how the Rocket Mortgage process works and get approved online to buy a home or refinance your mortgage.| www.rocketmortgage.com
What is a real estate portfolio and how do you build a collection of real estate investments? Read our guide to learn more about portfolios in real estate.| Rocket Mortgage
Searching for real estate investors? Explore the top ways to find real estate investors and factors to consider when pursuing partnerships.| Rocket Mortgage
Buying commercial property is a great first step for future real estate investors. Learn how to get into commercial real estate with our comprehensive guide.| Rocket Mortgage
A mortgage recast is when you make a lump-sum payment toward your principal balance to reduce your monthly payments. Learn how mortgage recasting works.| Rocket Mortgage
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
A mortgage amortization schedule shows a breakdown of your monthly mortgage payment over time. Figure out how to calculate your mortgage amortization.| Rocket Mortgage
A fixed-rate mortgage will maintain a single interest rate for the life of the loan. Explore how fixed-rate mortgages work and their various benefits.| Rocket Mortgage
Biweekly mortgage payments help pay off your loan faster by applying an extra payment to the principal yearly. Find out if biweekly payments are right for you.| Rocket Mortgage
Mortgage lenders use several credit scores to qualify borrowers and determine the interest rate they offer. Learn more before you start the home buying journey.| 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
Tri-merge credit reports help mortgage lenders determine the size and type of your loan. Learn more about the role this report plays in your application.| Rocket Mortgage
Many factors can determine whether you qualify for a mortgage. Learn what factors affect your mortgage qualification and how you can improve your chances.| Rocket Mortgage
The average down payment on a house might not be reflective of your down payment. Learn about the typical down payment amount and what you should consider.| 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
Debating if you have the funds to purchase a home? Learn how much income you’ll need to buy a house and what lenders consider when reviewing applications.| Rocket Mortgage
If you have student loans, you might be wondering if it’s still possible to get a mortgage for a new home. Here’s everything you need to know about buying a house with student loans.| Rocket Mortgage
While homeowners insurance isn’t legally required, mortgage lenders will usually require it. Learn more about homeowners insurance requirements for buyers.| Rocket Mortgage
Not sure how to choose the right homeowners insurance deductible? Check out our guide to find out how to weigh short-term finances against long-term savings.| Rocket Mortgage
Wondering how to get a mortgage when you’re self-employed? Learn what you need to qualify and how to put your best application forward to purchase a home.| Rocket Mortgage
Buying a home after retirement? Learn how to organize your finances and assets to apply successfully for a mortgage – even if you are living on a fixed income.| 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
A PUD, or planned unit development, is a small community of single-family homes. Read on to learn about living in a PUD and how it differs from other housing.| Rocket Mortgage
Restrictive covenants are rules in the deed that limit how the homeowner can use their property. Learn more about these rules and how they may affect you.| Rocket Mortgage
Moving to a neighborhood with an HOA? You should be prepared to pay some extra, unexpected feed. Here's what you need to know about special assessments.| www.rocketmortgage.com
An encumbrance is a claim against a property by someone who isn’t the property owner. Discover how encumbrances can affect how you can use your property.| Rocket Mortgage
Unpack information on how and why people move – including various trends among different demographics, how buyers find homes and what makes people want to move.| Rocket Mortgage
Was your mortgage application denied during the underwriting process? Read our article about the steps you can take to improve your chances when applying again.| Rocket Mortgage
Lenders examine your assets when assessing your mortgage application. Learn which types of assets should be included to improve your chances of approval.| Rocket Mortgage
A letter of explanation can be important in the mortgage underwriting and application process. Learn when and how you’ll need to write an explanation letter.| Rocket Mortgage
Home equity loans, HELOCs and cash-out refinances all let you access your home equity. Uncover the best way for you to get equity out of your home.| Rocket Mortgage
The down payment amount you need for a house depends on the type of mortgage you get and your financial situation. Read about all the factors involved.| 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
“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
Check out today’s mortgage rates for buying a home. Connect with us at Rocket Mortgage to estimate your personalized mortgage loan rate.| www.rocketmortgage.com
Underwriting is a crucial part of the loan approval process. Learn about what underwriting is, how long it can take, and tips for a successful experience.| Rocket Mortgage
There are many different refinancing options for homeowners to choose from. Learn more about some of the most popular types of refinances and how they work.| Rocket Mortgage
Are you unsure whether you should lock in your mortgage rate today, or wait? Learn about the mortgage rate lock and why you might consider locking your rate.| Rocket Mortgage
Refinancing your home has its benefits, but there are conditions to meet before you apply. Use this guide to understand mortgage refinance requirements.| Rocket Mortgage
A home appraisal is an important part of many mortgage refinances. Use our refinance appraisal checklist to prepare and increase your chances of a good result.| Rocket Mortgage
Thinking about refinancing your home loan? Learn more about the refinance appraisal process, what to expect and how to prepare your home to get the most value.| 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
Home equity is the value of the portion of your home you own. Discover the multiple ways to tap into that equity and how to calculate it.| Rocket Mortgage
A floating interest rate fluctuates over your loan’s term, changing your mortgage payment amount. Read on to learn about floating rates and how they work.| Rocket Mortgage
The closing process is the final step in the home buying journey. Learn some of the best ways to prepare for closing on a house with our step-by-step guide.| Rocket Mortgage
A cash-in refinance is a type of refinancing that occurs when a lump-sum payment is made, lowering the principal. Here’s how to decide if it's right for you.| Rocket Mortgage
One of the biggest hurdles when buying a home is saving for a down payment. Discover how to save for a house with 11 straightforward down payment strategies.| Rocket Mortgage
Are you wondering what the outlook for buying or selling a house might be in 2024? Learn these housing market predictions so you know what to expect in 2024.| www.rocketmortgage.com
A fully amortized loan isn’t as confusing as it may sound. Read about how fully amortized loans work, what they’re for and what the payments consist of.| 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
Lowering your mortgage payments can offer you financial flexibility for other things. Learn all the ways you can lower your monthly mortgage payment.| 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
Home improvement loans can help you finance anything from a few cosmetic changes to a major renovation. Figure out what loan option is right for you.| Rocket Mortgage
Wondering what exactly a real estate agent does day by day? Read our article to learn more about what a real estate agent does for a buyer and seller.| 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
A Loan Estimate lists the key details of a mortgage, like closing costs and interest rates. Find out what other critical loan terms and costs are in the form.| Rocket Mortgage
A Verified Approval allows you to confidently make an offer knowing that your financing is rock solid. Read on for details!| Rocket Mortgage
Explore home prices you could afford and what Rocket Mortgage could prequalify you for when buying a home using this calculator.| www.rocketmortgage.com
Flood insurance is an insurance policy that provides comprehensive coverage for losses caused by flooding. Find out if you need flood insurance.| Rocket Mortgage
Not sure what an escrow refund is or even when they occur? Read our article on all things escrow refund related and what to expect when dealing with one.| Rocket Mortgage
An escrow agent upholds the escrow agreement in a real estate transaction. Read on to learn how this entity protects the property and assets in escrow.| www.rocketmortgage.com
Earnest money protects buyers and sellers in a real estate transaction. Learn how an earnest money deposit works and how it can also make your offer stand out.| 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
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
Blanket mortgages finance multiple properties under one loan. Uncover the pros and cons of blanket loans to see if this type of financing is right for you.| Rocket Mortgage
A VA home loan is a type of mortgage financing available to qualifying veterans and members of the military community. Discover VA loan requirements and how to apply.| Rocket Mortgage
USDA loans are affordable mortgage options for eligible home buyers in rural areas. Learn about how USDA financing works and their eligibility requirements here.| www.rocketmortgage.com
Freddie Mac’s Home Possible® program offers low down payments and fees for low-income buyers. Learn if the Home Possible program can help you buy a home.| Rocket Mortgage
Conventional loans are a traditional mortgage option. Learn what a conventional home loan is, how it works and common lender requirements in our guide.| Rocket Mortgage
Making principal-only payments on your mortgage can save you on interest over time. Learn how to make a principal-only payment and pay off your loan faster.| Rocket Mortgage
The credit score you’ll need to buy a house depends on the type of mortgage you’re applying for. Learn which loans are best for certain credit ranges.| Rocket Mortgage
A lot of factors go into determining whether or not you should buy a house. Here’s what you need to know when making the decision to buy now, or hold off.| Rocket Mortgage
Mortgage lenders require homeowners insurance, which reimburses you if your home is damaged or destroyed. Learn how to choose the right policy for your home.| Rocket Mortgage
Discover how alimony plays a role in mortgage qualification, how it can boost your income for a mortgage and what to do if you’re the one making payments.| Rocket Mortgage
A homeowners association (HOA) manages community rules, fees and amenities in a planned neighborhood or complex. Our guide goes over how HOAs work.| 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
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
Mortgage insurance protects lenders against default on home loans. Learn more about the different types of mortgage insurance, how much it costs and more.| Rocket Mortgage