Learn the difference between mortgage pre-qualification and pre-approval. We also break down what’s required from the ...

Fact checked by Betsy PetrickFact checked by Betsy Petrick A mortgage commitment letter is a letter issued by a bank or other lender stating that it has approved you for a home loan, although ...

Get guidance from trusted mortgage experts. Applying for a mortgage can seem overwhelming, but it doesn't have to be. Knowing ahead of time what documentation you'll need to provide can make the ...

A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the ...