Mortgage Basics
Find out how to navigate home financing like a pro.
Featured Article
Saving up for a down payment to buy a house is the first step to affording homeownership. Learn what a down payment is, how it works and how much you’ll need.
Related Resources
Viewing 1 - 6 of 143
Home Buying - 4-Minute Read
Melissa Brock - Jan 9, 2025
What Are The FHA Loan Limits For 2025?
The FHA loan limit in most U.S. counties is $524,255 for one unit. In the counties with the highest housing costs, the limit is $1,209,750.
Home Buying - 4-Minute Read
Kara Porter - Oct 7, 2024
Cost Of Living: Comparison And How To Calculate
Read on to discover the factors behind the cost of living and learn how to calculate it accurately to understand its impact on your finances.
Home Buying - 6-Minute Read
Melissa Brock - Sep 17, 2024
What Are Fannie Mae And Freddie Mac?
Fannie Mae and Freddie Mac are government-sponsored enterprises that help stabilize the U.S. housing market. Read on to learn more about their importance.
Home Buying - 6-Minute Read
Jamie Johnson - Sep 9, 2024
APR: Defined And Explained
Annual percentage rate (APR) is the yearly interest rate borrowers pay on their loan. Keep reading to understand more about what APR is and how it works.
Home Buying - 9-Minute Read
Melissa Brock - Aug 12, 2024
Closing Costs: An Overview Of What Are They And Who Pays Them
Closing costs make up 3% – 6% of the loan but add up quickly. Before you close on a home, learn about the fees involved and what buyers versus sellers will pay.
Home Buying - 5-Minute Read
Melissa Brock - Jul 21, 2024
How Much Mortgage Can I Qualify For? Affordability Calculator, FAQs And More
Ready to start your home buying journey? Read our guide to determine how much mortgage you qualify for and calculate the right home loan for your budget.