As of February 2025, the average time to close a conventional purchase loan with Rocket Mortgage is 30 to 45 days. Eligibility. Minimum credit score of 580 for FHA and VA loans, ...

Boost for first-time buyers as ‘mortgage lending reins loosened’ - One mortgage expert said the Bank of England had made a ...

The average rate on 30-year fixed home loans decreased to 6.67% for the week ending July 3, down from 6.77% last week.

Loan type: Different types of loans, such as fixed-rate or adjustable-rate mortgages, have varying interest rates. The bottom line Mortgage rates result from a complex interplay of economic forces ...

Specialty mortgage loans Reverse mortgages. A reverse mortgage is a type of home loan for people age 62 or older who have a lot of equity in their home. Instead of paying the lender each month, ...

Home equity loans are secured by your equity, which is the difference between the property's value and any existing mortgage balance. For example, if you owe $150,000 on a home valued at $250,000 ...

The best mortgage lenders will meet the criteria you need for your homebuying experience. Whether you prefer to apply online or in-person, or if you need flexible down payment option, we’ve ...

Chimera Investment Corp., a New York-based loan platform, is set to acquire Santa Ana's HomeXpress Mortgage Corp., expanding its reach in mortgage loan origination across 46 states and D.C.

Demand for mortgages jumped 9.4% for the week ending July 4, adjusted for the holiday break, according to Mortgage Bankers ...

The mortgage loan origination process happens in stages, and it typically takes between 30 and 60 days to complete. Speed varies depending on the lender, mortgage type and applicant’s credit.