Improving your finances before applying for a mortgage gives you the best shot at getting good terms. In evaluating your creditworthiness, lenders consider your credit score, income and other assets, ...

Getting a mortgage is a huge financial commitment, and understanding how they work is essential before you start house hunting.

A first mortgage is the main loan used to buy a home, and it gives the lender the first claim on the property if the borrower fails to repay. Most homebuyers rely on a first mortgage since few people ...