What Are Typical Mortgage Down Payments?
Traditional mortgage down payments have always been 10 to 25 percent of the total purchase price of the property. more
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Application
- Annual Percentage Rate (APR)
- Refinance Calculator Tips
- After the Mortgage Application
- Two Key Factors in Qualifying for a Home Loan
- Mortgage Application Documents
- Your Initial Meeting with a Mortgage Professional
- Escrow Account Basics
- Mortgage Terminology
- Download Application
- Rate Lock Basics
- Closing Costs Explained
- Choosing a Mortgage Company
- Speed Up the Mortgage Process
- Your Total Mortgage Payment
- Choosing a Mortgage Cosigner: Who You Shouldn't Ask
- Buying Foreclosures
- Mortgage Tax Benefits
- Applying for a Mortgage after a Bankruptcy
- How to Find Good Property Foreclosure Deals
- Economic Terminology
- Apply for a Home Loan with Bad Credit
- Mortgage Pre-Qualification vs Pre-Approval
- Home Loan Considerations for Short-Term Residents
- How to Avoid Predatory Lending
- Why Choose Upfront Mortgage Brokers Over Conventional Ones?
- How Mortgage Closing Costs are Calculated
- Is a Mortgage Broker Really Necessary?
- Don't Lie on a Stated Income Loan Application
- Essential Questions to Ask a Mortgage Loan Broker
- No Doc Mortgage Loan Types Explained
- How to Find Legit Mortgage Lenders
- 4 Ways to Build Credit for Mortgage Qualification
- 5 Ways to Prevent Mortgage Loan Fraud
- How Do You Get a Mortgage Loan Prequalification?
- Discount vs. Origination Mortgage Points
- Overview of Acceleration Clauses
- How to Apply for Construction-to-Permanent Loans
- How FHA County Loan Limits Affect Home Buying
- How Borrowers with Bad Credit Find Mortgage Lenders
- How to Qualify for an FHA Loan
- How Rental History Impacts the Mortgage Application Process
- Apply for a Home Equity Loan Online
- Are Loan Origination Fees Necessary?
- Mortgage Broker vs. Loan Officer: What's the Difference?
- 3 Factors that Can Negatively Affect Your Mortgage Application
- 3 Tips to Speed Up the Mortgage Application Process
- 5 Common Mistakes when Completing a Mortgage Loan Application
- 4 Common Mortgage Application Mistakes
- How to Get a Mortgage Rate Lock
- 3 Tips when You Apply for a Mortgage Online
- Correcting Mortgage Application Errors
- What Does Close of Escrow Mean?
- 2 Tips when Applying for a No-Doc Mortgage
- How to Get First-Time Home Buyer Grants
- What Are Typical Mortgage Down Payments?
- How to Get an Investment Property Loan
- Calculating the Maximum Affordable Home Sale Price
- 3 Tips for Getting a Preapproved Mortgage
- What Is an Escrow Payment?
- 4 Tips to Getting a Preapproved Mortgage
- How to Fill Out the Uniform Residential Loan Application (Form 1003)
- How to End Mortgage Escrow
- How to Apply for a Mortgage Online
- Tips for Reducing Title and Escrow Fees
- Mortgage Elimination Scams
- Calculating Your Debt-to-Income Ratio
- Advantages of Mortgage Preapproval
- What Are Mortgage Title Fees?
- Common Lender Mortgage Frauds
- How to Get Low Mortgage Rates
- Mortgage Fraud Protection and Prevention
- Mortgage: Preapproved vs Prequalified: What's the Difference?
- Can't Get a Mortgage? Try a Credit Union
- What Is Mortgage Fraud?
- Save Thousands on Closing Costs
- What to Do after Your Mortgage Application Gets Denied
- Mortgage Fraud Red Flags
- How to Get a Mortgage with a Cosigner
- Mortgage Discrimination: Guide to Understanding Your Rights
- Mortgage Tips for First-Time Home Buyers
- How to Prepare For A Mortgage Preapproval
Learn More About...
Mortgages
In addition to mortgage loans for home purchases, there are also other loans available for various purposes that use the home for collateral.
Rates
Mortgage interest rates are determined by credit history strength, the number of points you pay, the size of your down payment and the type of loan program you choose.
Home Buying
Obtaining funding is crucial to buying a home. This requires applying for a mortgage, choosing a house that meets the appraisal standards, and determining the amount of the down payment.
Loans
There are dozens of different types of mortgage loan programs. They have been created to suit the varying needs of homebuyers.
Moving
When making a big move, it's essential to find out as much as possible about the schools, the neighborhoods, the housing costs and the community resources.
MORE MORTGAGE ARTICLES
Low Down Payment Loan Qualification
In order to qualify for a low down payment loan, you typically must have a good credit history, sufficient income for the monthly mortgage payments, and enough money for closing costs, among other things. more
Second Mortgages: Advantages and Disadvantages
A second mortgage is a loan taken out against the value of your property, in addition to your primary mortgage. These loans can offer great benefits, but they certainly come attached with some large risks as well. more
- 3 Warning Signs of Loan Modification Scams
- 3 Reasons Banks Reject Short Sales
- What To Do When Mortgages Default
- 3 Common Short Sale Mistakes
- What Lenders Don't Reveal About Home Equity Loans
- Home Equity Loans for People with Bad Credit
- Should You Refinance? Make Sure the Timing is Right
- How to Get Approved for an FHA Loan despite Bad Credit
- Appraisal Basics
- FHA Eligibility with Bankruptcy and Foreclosure
- FHA Loans for a First-Time Home Buyer
- Short Selling a Rental Property
- Alternatives to Getting a 2nd Mortgage
- 3 Factors that Can Negatively Affect Your Mortgage Application
The Mortgage101 Blog
Mortgage Interest Rates Hit New Record Low
Interest rates on long-term mortgage loans fell to a new all-time record low this week, according to mortgage finance company Freddie Mac, as investors responded to troubling economic news. The average rate on a 30-year fixed rate loan, excluding points, dropped to 3.87 percent, the lowest rate on record in Freddie Mac’s 40-plus year mortgage survey.... more