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Mortgage Loan Basics

Shopping for a mortgage doesn't have to be complicated. Our guide to the basics offers a look at the mortgage process and what you can expect. You can also find a glossary, a downloadable checklist and much more.
Getting started with a glossary of terms
From a to z, there's not a term we missed. Of course, if we did, you can always let us know and we'll make sure it gets added.
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The mortgage broker advantage
Find out why working with a mortgage broker can be advantageous to going through a bank.
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The mortgage process explained
There is a process to getting a loan. We've broken that process down into six simle steps.
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Conforming vs. non-conforming loans
You are going to fall into one of the above two categories and it's going to affect your interest rate. Read on for some of the factors at play.
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Mortgage Calculators
Current Rate Averages
30 year fixed   6.11%
15 year fixed   5.75%
5/1 ARM   5.87%

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*Rates from mortgage101.com and may contain points

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