When you decide that you're going to buy a home, you have all sorts of decisions to make. For one, you need to choose the place you want to live, your neighborhood, and what kind of home you want to buy. Besides that, you also need to know how to choose a mortgage...

If you've saved up your down payment and you're looking into buying a home for the first time, then it's likely you're wondering what type of mortgage is best. However, there's no short answer to this question; each type of mortgage is different. However, you can...

Purchasing a home is one of the most important financial actions that anyone will take throughout their lives. Once you leave renting behind, you'll begin putting your money into a store of value that you can pass down to your children or sell to power your...

Homeownership is widely seen as the gateway into the middle class and the ideal way to build wealth. This was true in the past, and it's still true today. However, the prices of homes are on the rise and mortgages can seem out of reach for many. If you're wondering...

The first step in buying a home is figuring out what you can afford. Since hardly anyone can buy a home with cash, this means finding what sort of loan you're eligible for. The better your credit, income, and down payment, the more that lenders will be willing to put...

When you go to a mortgage lender for prequalification or preapproval, the process will largely consist of questions. By asking you these questions, they'll gauge your overall financial situation as well as your reliability and responsibility as an individual. In the...