Shopping for homes is exciting until one needs to secure financing to purchase. Even with savings, most Americans can only buy a house through a mortgage loan. In the fourth quarter of 2022, the US ...

If you’ve been considering buying a home, you’ve probably been advised that you need to be preapproved or pre-qualified to access a mortgage. While these terms are sometimes used interchangeably, they ...

The 2021 housing market is operating at warp speed. One second, you have five properties lined up that you like, and the next, there’s nothing available listed near your next duty station -- none that ...

Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the order in which lenders are ...

Fannie Mae’s current maximum total DTI ratio is 36% of the borrower’s stable monthly income. The maximum can be exceeded by up to 45% if the borrower meets the credit score and reserve requirements ...

What does it actually mean to be pre-qualified for a home loan, and does this process put you under any legal or financial obligations? The short answer is no. Unlike a promissory note – also known as ...