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

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

Understand how home appraisals and property taxes are separate processes, and why an increase in appraised value doesn’t lead to higher tax assessments. Read more

Learn the minimum credit score needed to apply for a mortgage or refinance, and understand how credit requirements vary by loan type and purpose. Read more