If you’re buying or selling a home, you may wonder about additional costs beyond the price. The question many people ask is, “how do realtors get paid?” If you’re a homebuyer, you can relax, because buyers usually don’t pay realtor fees. It’s generally the responsibility of home sellers to pay realtor fees. So if you’re […]
In all likelihood, your mortgage is the largest loan you’ll take out in your lifetime. Most Americans spend decades paying off their mortgage — and that means racking up a ton of interest. The good news is there s a tax deduction that can make your life a little easier. The mortgage interest deduction reduces […]
Escrow & Mortgages: The Ultimate Guide What is escrow on a house? What is an escrow agreement in real estate? Why is an escrow agreement important in a mortgage? How much does escrow on a house cost? Find the best deal on your next home You may have heard people exclaim, “We’re in escrow!” when […]
Are you looking for the right mortgage broker, but not sure how the fees work? You’re not alone. Mortgage broker compensation is confusing at best. But don’t worry: SuperMoney is here to demystify mortgage broker fees. We’ll break down the different ways brokers get paid, and how you can decide which payment structure is best […]
Want to buy a house, but not sure if your credit score is high enough? Well, we’ve got good news: there are programs which help people with less-than-perfect credit to buy a home. However, there are definitely benefits to having a good-to-great credit score. Read on to learn what you should know about credit scores […]
How much mortgage do I qualify for? It’s a question all aspiring homeowners want to answer. With the median home listing price in the U.S. right around $280,000, you may wonder if it’s possible for you to become a homeowner. To find out, let’s take a look at how lenders determine a person’s maximum loan […]
Your lease is ending, you’re looking to move to a larger home, or maybe you want to live closer to work. Regardless of why you’re moving, you’ve found the perfect home. But there’s bad news: your lender has told you that you don’t qualify for a mortgage. What can you do to make sure that […]
From 2007 to 2016, the U.S. saw 7.7 million foreclosures. Today, the rate of mortgage defaults is in decline, but we have yet to reach pre-crisis levels. Foreclosures and short sales often require lenders to forgive part a mortgage’s balance. If creditors have forgiven part of your mortgage or you’re planning to settle with your […]
You’ve come into some extra money. Maybe a relative left you an inheritance, or your employer gave you a holiday bonus. Or maybe you’ve set up your budget to get you some extra savings each month. You want to use this extra cash to improve your financial situation. But what’s the best way to do […]
Founded in 2003, New American Funding is an independent mortgage lender that serves all U.S. states except Hawaii and New York. Its mission is to provide homeowners and future homeowners with a variety of home financing options at competitive rates. If you’re looking for a home financing solution, here’s what you need to know about New American […]
SuperMoney is not responsible for third party products, services, sites, recommendations, endorsements, reviews, etc. All products, logos, and company names are trademarks™ or registered® trademarks of their respective holders. Their use does not signify or suggest the endorsement, affiliation, or sponsorship, of or by SuperMoney or them of us. SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). SuperMoney strives to provide a wide array of offers for our users, but our offers do not represent all financial services companies or products.
We endeavor to ensure that the information on this site is current and accurate but you should confirm any information with the product or service provider and read the information they can provide.
