CNBC Select explains how to apply for a mortgage, from preparing financially and getting preapproval to undergoing the ...

W ith borrowing rates remaining high on most options and home equity levels sitting at record high levels, many homeowners ...

FHA loan rates can vary by lender, though, so be sure to compare your options before submitting a mortgage application. An FHA loan is a mortgage insured by the Federal Housing Administration.

Many lenders closely follow underwriting guidelines issued by Fannie Mae and Freddie Mac, the two government-sponsored ...

Borrowing money comes with some risk and, in many cases, some fees. Before you apply for a loan, you should know what to expect. Personal loans have been growing in popularity: Nearly 22% of U.S ...

On the income side, issues often emerge when the mortgage applicant is self-employed. The software is geared to W-2s — the wage-and-tax-statement from an employer — and might flag your file when you ...

so be sure it offers the loan you want before you apply. How to Apply for a Rocket Mortgage To apply with Rocket Mortgage, you can get started online. The lender's online application platform will ...

A HELOC offers homeowners a cost-effective way to borrow money in today's high interest rate climate. /iStockphoto . Home ...

Paying off credit card debt could help raise your credit score and bring down your overall debt levels, making you a more attractive prospect to lenders and fetching a lower interest rate.

Mortgage applications saw a slight increase last week, with a boost in refinancing leading the way, according to the latest ...

And on loan balances that easily reach into the hundreds of thousands, that interest adds up in the long haul. Tips for choosing the right mortgage You shouldn't necessarily just apply with your ...

Compare two options for accessing the cash in your home — cash-out refinancing or home equity loans — to pay for renovations, ...