Mortgages basics

What are my rights as a servicemember under the Equal Credit Opportunity Act? Can a creditor refuse to extend credit to me just because I’m a servicemember?

Will I receive the Know Before You Owe disclosures when I shop for a mortgage?

What exactly happens when a mortgage lender checks my credit?

How much does it cost to receive a Loan Estimate?

What is a Loan Estimate?

What information do I have to provide a lender in order to receive a Loan Estimate?

How do mortgage lenders calculate monthly payments?

What is a prepayment penalty?

What is mortgage insurance and how does it work?

With an adjustable-rate mortgage (ARM), what are rate caps and how do they work?