Tag: Mortgages
What to do when your mortgage application is rejected
Being rejected for a mortgage can be a difficult drug to swallow, but that doesn't necessarily mean your homeownership dream…
How do you pay back your reverse mortgage?
When should I pay back my reverse mortgage? Generally, a Reverse mortgage If there is a last surviving borrower or…
Definition of Savings and Loan Associations
What is the Savings Loan Association? The Savings Loan Association (S&L) is a financial institution that provides banking and housing…
Cash Out Refinance: What it is and how it works
Christina Zerow Lundkist/Getty Images. Illustrations by Austin Coule Certification/Bankrate Paying off your mortgage will help you build fairness in your…
FHA Evaluation Requirements and Guidelines
Good Brigade/Getty Image If you are purchasing a home with a loan from the Federal Housing Administration (FHA), the property…
Average mortgage debt for 2025
Images by Getty Images. Illustrations by Austin Coule Certification/Bankrate Collectively, Americans carry trillions of household debt, and mortgages are far…