Personal Finance
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Mortgage Points: What Are They And How Do They Work?
Confused about mortgage points? Our comprehensive guide covers everything you need to know about buying and using mortgage points for your home loan.
Is PMI Tax Deductible?
Your private mortgage insurance (PMI) used to be tax deductible if you met certain conditions. While you can’t take a deduction now, you might qualify to file an amended return for past years.
How to Pay Back a Reverse Mortgage
Paying back a reverse mortgage can be done by selling the home, using savings, obtaining a new mortgage, or giving the lender a deed in lieu of foreclosure.
First-time Home Buyer Grants & Programs: All You Need to Know
Buying your first home and wondering how to afford it? Learn about what first-time home buyer grants and programs you may qualify for to make your new home more affordable.
Best Time to Buy a House in 2024
Spring signals the start of the homebuying season, when home inventory and sales typically hit their annual peaks. But it's not necessarily when buyers get the best deals.
VA Loan Limits 2024: What You Need To Know
If you’re trying to get a VA loan to buy a home, you might face VA loan limits. It depends on your history and eligibility.
Should You Pay Off Your Mortgage or Invest?
Debating whether you should put extra cash towards mortgage payments or investing it? It’s a tricky decision, but both are worthy goals.
How Long Is a Mortgage Preapproval Good For?
A mortgage preapproval is usually good for up to 90 days. Learn what it’s used for, when you should apply, and how it differs from a prequalification.
What is A Second Mortgage & How Does It Work?
A second mortgage is an additional loan against your home’s equity. Learn the pros and cons of a second mortgage and how it works to decide if it's right for you.
What Is an Appraisal Gap Clause?
An appraisal gap clause says you agree to pay the difference between the appraised value and the agreed-upon purchase price of a home, up to a limit.
What is Private Mortgage Insurance? All You Need To Know
PMI protects the lender if you default on your mortgage. You may be required to pay for it if your down payment is less than 20%.
What Is A Jumbo Loan And How Does It Work?
A jumbo loan is a nonconforming mortgage above the Federal Housing Finance Agency maximum. Learn how they work, pros and cons, plus how to qualify.
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