Simplify your mortgage journey with a trusted lender. If you’re in the homebuying process, or you’re applying to refinance your mortgage, you’ll come across a document called a loan estimate. This ...

A mortgage loan estimate is a standard three-page document detailing the estimated costs, structure and other terms of a loan. Mortgage lenders are required by law to provide borrowers with a loan ...

As mystifying as mortgage shopping may feel, it used to be even more confusing. To help consumers better understand the details included in a mortgage lender's loan offer, loan estimates were ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Vice President of ...

Down payment: How much of your own cash you'll be bringing to the transaction. A down payment on a house may be as low as 3%, or even 0%, depending on the loan type. The calculator's default is 20%, ...

Editor’s note: This column has been updated to clarify that a $30,000 loan at 4.5% interest would have $372 payments if the buyer put up a $5,000 down payment. Q: My Dad told me that if I refinance my ...

Mortgage rates continue to hover stubbornly around 7%, but how much money homeowners pay each month can vary dramatically from state to state, with West Virginia earning the distinction of having the ...