What does collateral mortgage mean for a home loan?

Closing is the final step in buying a home. Learn what to expect on closing day, from signing documents to transferring ownership and finalizing your mortgage. Read more

Find out how appraisal transfer applies when getting a new mortgage, who orders the appraisal, and what lenders consider when reusing a recent appraisal report. Read more

Understanding the difference between the two can protect you as a homeowner. Read more