A closed-end mortgage is a loan where the lender provides a lump sum you repay monthly. Understand its structure and key differences from open-end mortgages.

When house hunting, finding the place of your dreams is only half the battle. Unless you’re buying outright, the biggest challenge is likely to be finding a suitable and affordable mortgage. But how ...

The most common type of reverse mortgage, the Home Equity Conversion Mortgage (HECM), is backed by the U.S. Department of Housing and Urban Development. Homeowners must be 62 or older, have 50% or ...

From low-down-payment options to stricter inspections, the loan a buyer chooses can change everything. Here’s what to know before the offer goes in.

To find a mortgage lender, first take stock of your finances and decide what type of mortgage you need. You can compare rates ...

Mortgages are loans used to purchase real estate, secured by the property itself. Types of mortgages include fixed-rate and adjustable-rate, each suitable for different buyer needs. Investors may ...

You want to refinance your mortgage but aren’t sure which options are most ideal. Regardless of your reason for wanting to refinance, there are several variations of mortgage refinance loans to choose ...

Getting a mortgage is challenging for anyone, but there are additional hurdles if you're your own boss. Lenders typically require pay stubs, W-2 forms and a record of steady employment. They consider ...