Although prequalification is not a substitute for preapproval, it can be a way to shop around for a mortgage without a hard ...

Many experts recommend having the equivalent of six months’ worth of mortgage payments in a savings account, in addition ...

From getting a decision in principle to the documents you need when applying for a mortgage or remortgaging, we explain what you need to do.

Did you know your home can serve as collateral for multiple loans at once? If you take out a loan that's secured by your home when you already have a primary mortgage, your new loan is called a ...

Stashing your savings in a high-yield account can help you stay ahead of economic uncertainty. See how this simple move can ...

When you apply for a mortgage, following the correct process matters. Here's how to prepare, what to do and what the lender does at each step until closing.

You are ready to buy your first home, but how do you begin your mortgage search? Darren Polson helps a first-time buyer get ...

Lenders typically factor your student loan payments into your debt-to-income (DTI) ratio to ensure that you’ll be able to ...

The average rate on 30-year fixed home loans from Freddie Mac edged down again to 6.81% for the week ending June 18.

The homebuying process can be nerve-wracking, especially if you have bad credit. Lenders typically want to see at least a 620 FICO score for a conventional mortgage, but some will consider ...

Changes to the Fed rate directly affect the rates lenders charge for most loans, while other Federal Reserve policies can ...

Some lenders will tell you upfront what their minimum requirements are. Happy Money , for example, requires a FICO score of 640 (which is within the "fair" range) or higher for approval. Happy Money ...