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Estimated reading time: 6 minutes Whether you’ve just bought a home and wish you could have gotten a lower payment or have had a mortgage payment for years, there are ways to…
Tag: Mortgage Basics
Escrow can seem like one of the more confusing parts of your home loan, but it generally boils down to a few key parts. One of these is your escrow account’s minimum required balance….
Estimated reading time: 4 minutes At Mr. Cooper, we’re dedicated to giving you an upgraded mortgage experience in every way. To help you get the most out of your home loan,…
Estimated reading time: 3 minutes After watching mortgage rates hit record lows during the pandemic and then tick up, you may be wondering, “Why do mortgage rates change?” In…
Estimated reading time: 6 minutes Q: What is a Disaster Forbearance Plan? A: For eligible customers, a Disaster Forbearance Plan temporarily pauses mortgage…
Estimated reading time: 5 minutes If your mortgage requires one, you’re probably familiar with what an escrow account is. These are accounts that mortgage servicers (the…
Estimated reading time: 4 minutes Quick answer: Yes, you can through a cash-out refinance and it’s a great option for some people. Here’s what it boils down to: home loans…
Estimated reading time: 1 minute A comparative market analysis (CMA) is an estimation of a home’s value that is usually conducted by a real estate agent before listing a home. The…