Before you can apply for a mortgage loan and buy your dream home, there's a good bit of preparation to be done.

Q: I’m thinking about starting to look for a house. My friends tell me I should get “prequalified” for a mortgage first. My real estate agent says I should get “preapproved” for a mortgage first. Is ...

When a mortgage lender evaluates a borrower’s application for a mortgage and the home that will be used as collateral and approves or rejects the loan request, the process is called underwriting.

Online-only mortgage applications can offer faster processing times and convenience, but may not be the best fit for individuals with complicated finances or who don’t fit the typical borrower profile ...

If you're gearing up to buy a home, you'll probably need a mortgage to finance that purchase. But if you're new to the process, you may find yourself overwhelmed once you begin putting together your ...

Mortgage rates have quickly risen to the highest levels seen since the first COVID-19 lockdowns were issued in 2020. For Americans in the market for a home loan, the added pressure of rising rates has ...

Time and again, research shows that comparison-shopping for a mortgage lender can help you obtain the best possible loan terms. Compare at least three offers. Before you apply for preapproval, ...

Since the 2008 recession, traditional mortgage lenders have had to tighten lending criteria. In many ways, this is good for borrowers as unethical lenders won't pressure them into taking on mortgages ...