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...
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.
Discover how to apply to get a mortgage and improve your chances of being accepted, what you need to provide and how long a mortgage application may take.
To make your dreams of homeownership come true, you’ll have to jump through a series of hoops known as the mortgage process. But it’s not as simple as filling out an application and waiting to see if you are approved. Instead, before you fill out a mortgage application, there are many steps to complete. And after you’ve successfully applied for your loan, there are additional steps that you must complete to take ownership of your new home. It’s important to know what’s on your credit r...
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 ...
A mortgage is a loan used to purchase or maintain real estate including houses and commercial properties. Mortgages help buyers afford real estate they couldn't buy in cash.
Use this complete checklist of documents to find what you will need and organize it in a central location before you even apply for a mortgage.
Everything you need to know about getting a mortgage. Find tips and guides to qualify for a home loan, consider down payment assistance or research refinancing.
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. The mortgage refinancing process can be laborious and expensive — but if the conditions are right, it can be worth it in the long run. Before jumping in, you want to make sure you're refinancing for the right reasons. There are many different ...
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.