A mortgage note is your legal promise to repay a home loan, detailing the amount, interest rate, and...
Title insurance protects you and your lender from financial loss due to undiscovered problems with a...
Mortgage Insurance Premium (MIP) is required on government-backed FHA loans to protect the lender if...
A mortgage origination fee is an upfront charge from your lender for the administrative work of creating...
Mortgage servicing is the ongoing management of a home loan after closing. Your mortgage servicer collects...
Private Mortgage Insurance (PMI) is a fee lenders charge on conventional home loans when your down payment...
A down payment is your upfront cash contribution when financing a large purchase, like a home or car....
Mortgage closing costs are the final fees you pay to complete a real estate transaction. Budgeting for...
A mortgage banker is a company that lends its own money for home loans. They manage the entire mortgage...
A mortgage broker is a licensed professional who shops for a home loan on your behalf, connecting you...