What is the role of a servicer, and what is a subservicer?

Discover what a loan-to-value ratio is and how the LTV ratio is calculated. Learn how lenders use it to assess mortgage risk, home equity, and PMI requirements. Read more

What is close of escrow, and what happens during this final step of buying a home? Understand how funds are transferred and how home ownership is finalized. Read more

Do insurance quotes affect credit score? Learn exactly how soft credit pulls work, why insurers use them, and why shopping for quotes won’t hurt your credit. Read more