The vast majority of home buyers don't pay cash for the entirety of the property, but take out a loan from a bank or other institutional lender. Find out how to research options and qualify for the best available home mortgage.
Mortgage Basics FAQ
Where to shop, when to pay points, government-assisted financing options, and answers to more questions.
Qualifying for a Mortgage
How lenders evaluate your income, credit history, and overall financial situation when deciding whether to offer you a mortgage, and on what terms.
How Fast Can Home Buyers Improve Their Credit Score?
Don't wait until the last minute to make sure your credit score is as high as it can be.
Five Reasons to Make a Large Down Payment
If you can go higher than 20%, there are some excellent reasons to do so.
Stricter Mortgage Requirements for Homebuyers
How the 2008 Truth in Lending Rules affect your mortgage search.
Where to Shop for a Mortgage
Shop for the best mortgage rates at your corner bank and on the Internet.
Ten Things You Should Do Before Shopping for a Mortgage
Finding out whether you're a good credit risk, researching mortgage options, and more.
Five Steps You Need to Take When You Apply for a Mortgage
A systematic breakdown of the key tasks involved in obtaining a home mortgage loan.
How to Find An Affordable Home Mortgage Loan
With a little advance planning, you can significantly increase your changes of finding and qualifying for an affordable loan.
How to Choose and Work With a Mortgage Broker
Learn how a mortgage broker can help you find the best loan for the house you want to buy.
Mortgage Broker Interview Questionnaire: Download PDF
Looking for a mortgage broker to help you line up financing for a house? Here are interview questions to help you choose a broker who will help you find the best loan.
Mortgage Broker Reference Questionnaire: Download PDF
Checking references for mortgage broker? Here’s a handy set of questions to ask other homebuyers who have worked with a broker you plan to hire.
Who's Who in the Mortgage Business
Understanding the various players who can facilitate or make you a home loan.
Fixed Rate vs. Adjustable Rate Mortgages
Which is better in the current real estate market?
Comparing Mortgages: Points, Interest Rates, and Fees
How to avoid getting overwhelmed by the apples-and-oranges aspects of mortgage comparison.
Home Buyers: What You Can Learn From the Truth-In-Lending Disclosure
How the TILA will help you figure out exactly what to expect in the way of immediate and long-term loan costs.
Home Buyers: What You Can Learn From the Good Faith Estimate (GFE)
How the GFE helps you compare the costs and benefits of the available loan products before choosing.
Deducting Mortgage Points When You Buy a House
Not all mortgage points are tax deductible
How to Arrange a Home Loan from Mom and Dad
Do your homework before asking family or friends for financial help buying a house.
Is special paperwork required for money gifted towards buying a home?
How to prepare paperwork to use the money gifted from mom and dad to buy a house.
Sample Gift Letter
Your bank needs a written letter to prove that the money gifted is in fact a gift, not a loan.
What to Avoid When Taking Out a Mortgage With Which to Buy Real Estate
Looking for the safest way to finance your home? Learn why you may want to steer clear of interest-only loans, balloon payments, and adjustable rate mortgages.
Over 60 and Buying a House: Should I Borrow or Pay All Cash?
Borrowing to buy a home involves risk at any age, but the risk is magnified when one is close to retirement. That’s why determining the right amount of risk for you is key.
Mortgage Rate Locks: How They Work
Making sure the mortgage you want will still be there for you at the home's closing.
I couldn't get a mortgage: Can I get my earnest money back?
Check your purchase contract for contingencies and deadlines affecting whether inability to obtain a loan and close on the purchase also means losing your earnest money to the seller.