What is a principal mortgage and how does it actually work?

You can pay for your homeowner’s insurance (HOI) policy either up front or at closing. In both cases, you’ll need to pay the first year’s premium. Read more

When applying with a co-borrower, lenders use the lower credit score. Learn how this affects loan terms, and when it makes sense to apply solo or jointly. Read more

A loan term is the length of time over which the loan is to be repaid. The most popular type of loan terms are 30-,20-, and 15-year term loans. Read more