Learning Center
Mortgages, explained plainly
No jargon, no fluff — just clear answers to the questions homebuyers actually ask.
Can I afford it?
Private Mortgage Insurance (PMI)
Insurance that protects the lender (not you) if you default — usually required when your down payment is less than 20%.
Down Payment
The upfront cash you pay toward the home's price — the rest is your loan. A bigger down payment means a smaller loan, lower payments, and often a better rate.
What's in my payment
Private Mortgage Insurance (PMI)
Insurance that protects the lender (not you) if you default — usually required when your down payment is less than 20%.
Down Payment
The upfront cash you pay toward the home's price — the rest is your loan. A bigger down payment means a smaller loan, lower payments, and often a better rate.