What is a loan estimate (LE) and what it tells you

See which borrowers and loans qualify for the Better Mortgage Closing Guarantee. Read more

Learn how lenders use credit checks to assess eligibility, and the difference between soft checks for pre-approval and hard checks during application. Read more

Learn what a conventional mortgage is, with an overview of who backs these loans, how common they are, and basic PMI considerations for smaller down payments. Read more