Learn how to apply for a mortgage before beginning the application so you'll know what to expect and can start gathering required documentation.
Key takeaways ; To prepare for getting a mortgage, be sure to know what you can realistically afford, how much you'll have saved for a down payment and if you need to improve your credit score before applying. ; Comparing offers from multiple lenders — at least three — could save you a significant amount of money. ; Along with your down payment, you'll need to pay closing costs, which typically cost 2 to 5 percent of the loan principal but vary by state.
Considering a home loan from PHH Mortgage? We reviewed PHH Mortgage based on loan types, minimum borrower requirements and more. See how it stacks up to competitors and how to apply.
Our guide on how to get a mortgage will show you the essential steps you’ll go through to get approved for a home loan. From determining affordability and improving your credit score to saving for...
Learn the key steps to apply for a mortgage, from documentation to preapproval and beyond.
Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See how we rate mortgages to write unbiased product reviews. For most people, buying a home starts with getting a mortgage. And there's quite a bit involved in that. Whether you're a first-time buyer or a current homeowner looking to upgrade, the sheer amount information you have to wade through can feel overwhelming. Going into the process knowing what ...
Learn everything you need to know about how to get preapproved for a mortgage, including requirements and tips to increase your chances of preapproval.
Learn how to get a mortgage to become a homeowner, from choosing a mortgage type to applying for preapproval to making an offer and closing on your new home.
Before filling out a mortgage application, read these tips on how to apply for a home loan and find out how to boost your chances of getting preapproved.
A mortgage preapproval will give you a good idea of your home loan options, price range, and how much your monthly payment might be. Learn how to get preapproved.