Discover what a payoff statement entails, its uses, and critical features for mortgages and loans, plus how it impacts your financial planning and loan payoff.

“Yes, you can sell a home with a mortgage — it’s extremely common,” said Debbie Calixto, sales manager at mortgage lender ...

Even a single 30-day late payment can drop your credit score by 50 to 100 points. Late payment marks stay on your credit ...

Discover how the amount financed impacts loan terms, including installment payments and interest. Learn what upfront fees mean for your borrowing costs.

A mortgage loan servicer is a company that collects payments and manages a home loan. Loan servicers handle many tasks including responding to forbearance requests, cancelling PMI and certifying when ...

A "no-closing-cost refinance" has closing costs. You just pay them over time instead of up front. A refinance with no closing costs can be helpful because it frees up cash for other things. A no-cost ...