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Does paying off your mortgage early sound too good to be true? Well, becoming mortgage-free may be easier than you think. There are a few paths many homeowners take—from paying down…
Tag: Mortgage Basics
Estimated reading time: 3 minutes What is escrow? In the simplest of terms, escrow is money that your mortgage servicer (the company you send your mortgage payment to) sets aside to…
Estimated reading time: 7 minutes Q: What is a Disaster Forbearance Plan? A: A Disaster Forbearance Plan is a temporary suspension (or reduction) of your monthly mortgage payments…
Estimated reading time: 3 minutes Protecting your credit score is a good idea any time you’re planning to buy a home or refinance. Regardless of your circumstances, there are steps…
Estimated reading time: 4 minutes At Mr. Cooper, we’re dedicated to giving you an upgraded mortgage experience in every way. To help you get the most out of your home loan,…
This step-by-step guide is packed with tools and insights to help you navigate the process from preparing to shop to closing on your new…
Estimated reading time: 9 minutes Taking out a mortgage is a constantly evolving process. Given enough time, loan programs can change, mortgage rates can shift, and new technologies…
Estimated reading time: 3 minutes As home prices continue to rise, a new loan type is becoming more popular: jumbo loans. A jumbo loan—sometimes called a “jumbo mortgage” or…