Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Find out the pros and cons of this type of consumer debt and use the calculator to estimate your monthly payments.

Mortgage insurance protects the investor or noteholder if the borrower defaults on the loan. It lowers the investor’s risk when funding a home loan. In most cases, if you pay at least 20% down on your home, you’re not required to carry mortgage insurance.

You could qualify for a Real Estate Tax Exemption, which helps reduce your tax bill by allowing you to shelter an eligible portion of your home’s assessed value from property taxes. Exemption laws vary on a state-by-state basis. For example, some states automatically offer ...

If you’re struggling and can’t find another way to catch up on the mortgage payments—and you have equity in your home—a traditional home sale may be a good option for you to avoid foreclosure and satisfy the mortgage.

Mortgage assistance is a general term that covers a variety of programs and solutions intended to help homeowners who are experiencing financial difficulty and having trouble making their mortgage payment.

Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Find out the pros and cons of this type of consumer debt and use the calculator to estimate your monthly payments.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. Learn how to turn your home equity into cash with a low, fixed rate and no closing costs.

Learn how to set up, change, or cancel AutoPay for your mortgage or home equity loan with Mr Cooper. Find out how to handle unexpected changes to your automatic payment amount and get notified in advance.

Loan amounts for most government-backed mortgages are capped based on the county where the property is located. Today, most counties have a limit of $766,550 for “ Conventional ” loans. But if you need a higher limit, there are “ Jumbo Loan ” options that can allow qualifying homeb...

Learn how a home equity loan works, how to compare it with a HELOC, and what factors affect the interest rate and tax deduction. Find out the pros and cons of this type of consumer debt and use the calculator to estimate your monthly payments.