
Most Millennials Want Homes, but Don't Have Even $1K in Down Payment Savings
Most millennials dream of becoming homeowners one day. But a recent report shows that a majority of them haven't saved anywhere near the...

What Really Goes Into Your Monthly Mortgage Payment?
We all know that buying a home is a big financial decision—likely among the largest you will make your life. So what is all your money...

What is an Amortization Schedule? Mapping Out Your Mortgage Payments
What is an amortization schedule? When you borrow money to buy a home, one of the documents you’ll see is an amortization schedule...

The Fastest Way to Save for a House
Once you’ve decided it’s time to buy your own home, saving for that 20% down payment is step one toward doing it. Instead of waiting...

How to Save for a Down Payment
Scratching together a down payment is probably the most daunting hurdle to buying a home. Yeah, you already know that Rome wasn't built...

Earnest Money Deposit vs. Down Payment: What's the Difference?
When you buy or sell a home, you get used to hearing words you've never heard before. The mortgage lenders and insurance agents who help...

How Much Are Typical Closing Costs? What Home Buyers and Sellers Can Expect
How much are typical closing costs for a buyer? These are the fees paid to third parties that help facilitate the sale of a home, and...

5 Things Your Mortgage Broker Wishes You Knew
The financial side of home buying can sometimes feel like a nightmare in which you're stuck in a calculus final that never ends—and...

Homes for Sale by Owner: 5 Reasons Why FSBO Sales Fail
Homes for sale by owner, or FSBO, transactions are commonly seen in seller's markets or whenever homeowners want to maximize their...

What's the Minimum Credit Score for a Home Loan?
The minimum credit score for a home loan varies from lender to lender, but if you're looking to get a mortgage to buy a home, there's no...