Appraisal definition: what does it mean for your mortgage?

Learn what happens if your mortgage rate lock expires before closing, who pays the extension fee, and how to stay on track to close your loan on time. Read more

Here we explain where and when you’ll be likely to pay property tax and insurance charges as part of your closing costs for a loan refinance. Read more

Learn what a mortgage gift letter is and how it helps lenders confirm that the gifted funds for a down payment or closing costs are not counted as debt. Read more