Please update your browser.Financing a home | Financing 101
Understand terms, types and when to refinance
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Choosing a mortgage term
Mortgage terms can affect your long-term financial health as a homeowner. Read this article to find out which mortgage term is best for your goals as a homebuyer.
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FHA loans vs conventional loans
FHA and Conventional loans are the two most popular options for first-time home buyers. Learn about the key differences between fha and conventional loan.
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When can you refinance a mortgage?
Read the factors you should first consider when determining if refinancing makes sense for you.
Newest articles
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FHA loan down payments decoded
FHA loans require down payments in case you default. Learn about the amount required to secure a home with an FHA loan.
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How does escrow work with a mortgage?
Learn how escrow works with a mortgage and when and why you would need a mortgage escrow account or impound account.
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How to use gift money for a down payment
Using gift money towards a down payment on your home? Find out how it works, how much you can use, and what you need to use it.
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Home loans for low or bad credit
While credit scores affect your borrowing power, it's still possible to get a home loan with bad credit. Learn about options you have and things to consider.
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Private Mortgage Insurance (PMI): What is it and how is it calculated?
Find out when you have to pay PMI, how to calculate it and how to avoid it completely.
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What is PITI?
Principal, interest, insurance and taxes, or PITI, make up your monthly mortgage payment. Learn how lenders use PITI.