Featured Resources

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Homeownership - 7-Minute Read

Carey Chesney - Mar 26, 2024

How Much Is A Down Payment On A House?

Wondering how much a down payment on a house is? The amount will depend on the type of loan you get, your financial situation and other factors. Learn more.
Couple with baby standing in front of their new modern-style house.

Homeownership - 4-Minute Read

Carey Chesney - Mar 26, 2024

What Is Amortization? Definition And How To Calculate It

Amortization is the process of repaying a loan in monthly installments over a set period of time. Learn how to calculate it and how amortization schedules work.
Woman relaxing at home while using her laptop on the couch.

Homeownership - 6-Minute Read

Miranda Crace - Mar 26, 2024

What Is A Verified Approval Letter And Why Is It Important To Have One?

Want your bid to stand out in a competitive real estate market? See how Rocket Mortgage’s Verified Approval Letter can help your bid for a new home be accepted.
Middle-aged couple close on a house.

Homeownership - 7-Minute Read

Sarah Li Cain - Mar 25, 2024

Closing Costs: A Complete Guide

Closing costs are fees paid at the close of a real estate transaction. Learn what fees make up your closing costs and how much you can expect to pay.

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Homeownership - 7-Minute Read

Sarah Li Cain - Mar 25, 2024

How Long Does It Take To Buy A House?

How long does it take to buy a house? In sum: It depends on your situation. See what you need to know about the home buying process and how long it might take.
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Homeownership - 4-Minute Read

Sarah Li Cain - Mar 24, 2024

Who Pays Closing Costs? What Buyers And Sellers Should Know

Confused about who pays closing costs on a home? Both the seller and buyer are responsible for fees associated with closing. Here’s what you need to know.
Young couple receiving good news on the computer.

Homeownership - 5-Minute Read

Joel Reese - Mar 24, 2024

How To Get Equity Out Of Your Home: A Guide for Homeowners

Should you tap into your home equity through a cash-out refinance, home equity line of credit (HELOC) or home equity loan? See the pros and cons of each option.
Family of five in a home with a realtor.

Homeownership - 9-Minute Read

Melissa Brock - Mar 22, 2024

Buying A House With Cash: Pros, Cons And How To

Are you considering buying a house with cash? Check out our guide for the pros, cons and other factors to consider before putting in a cash offer on a home.
Two women discussing something over documents on a desk.

Homeownership - 9-Minute Read

Sarah Lozanova - Mar 21, 2024

How Much Does It Cost To Buy A House? A Complete Guide

To buy a house, you’ll pay upfront costs and a series of ongoing costs. Use our guide to help determine how much you may need to buy and maintain a home
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Homeownership - 9-Minute Read

Sarah Lozanova - Mar 21, 2024

How Much Does It Cost To Buy A House? A Complete Guide

To buy a house, you’ll pay upfront costs and a series of ongoing costs. Use our guide to help determine how much you may need to buy and maintain a home.
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Homeownership - 6-Minute Read

Scott Steinberg - Mar 14, 2024

What Documents Do I Need To Apply For A Mortgage?

When you’re ready to buy a home and apply for a mortgage, you’ll need several documents. Get prepared by uncovering everything required of you as a borrower.
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Homeownership - 8-Minute Read

David Collins - Mar 10, 2024

What Is A HELOC And How Does It Work?

Considering a home equity line of credit (HELOC) but not sure it’s right for you? Learn about HELOCs, their pros and cons, qualification requirements and more. 

Woman drinking tea.

Homeownership - 6-Minute Read

Miranda Crace - Mar 10, 2024

Biweekly Mortgage Payments: What They Are And How They Work

Learn what biweekly mortgage payments are and why you should consider setting them up if you want to save money and time on your mortgage loan.
Real Estate agent shows new house to young couple.

Homeownership - 8-Minute Read

Sarah Li Cain - Feb 23, 2024

A Fundamental Guide To The Mortgage Preapproval Process

Mortgage preapproval is an essential first step in the home buying process. Read this guide for everything home buyers should know about mortgage preapprovals.
Mother helping son unpack car and carry laundry basket and boxes to dormitory.

Homeownership - 5-Minute Read

Sarah Li Cain - Feb 23, 2024

Using A Home Equity Loan To Pay For College: A Guide

You can use your home equity to pay for college tuition and related school expenses. Learn how to get a home equity loan for college and if it’s right for you.
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Homeownership - 4-Minute Read

Joel Reese - Feb 20, 2024

What Is Assessed Value and How Does It Affect Property Taxes?

Assessed value is the dollar amount local governments place on a property to determine annual property taxes. Learn how to appeal an assessment if you disagree.
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Homeownership - 4-Minute Read

Dan Miller - Feb 20, 2024

How Long Does A Mortgage Preapproval Last?

A mortgage preapproval can last up to 90 days. But when should you get preapproved? Discover the best time in the home buying process to secure a preapproval.
Black man sitting on couch looking at laptop.

Homeownership - 7-Minute Read

Victoria Araj - Feb 14, 2024

Prequalified Vs. Preapproved: What’s The Difference?

Getting prequalified vs. preapproved: Which matters more when you’re buying a house? Discover the key differences between preapproval and prequalification.