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  2. Closing documents: A guide for homebuyers - AOL

    www.aol.com/finance/closing-documents-guide...

    As the buyer, you’ll need to obtain and document homeowners and title insurance, and you’ll receive many documents before and at the closing, like the note and mortgage or deed of trust.

  3. Homebuying checklist - AOL

    www.aol.com/finance/homebuying-checklist...

    A traditional 20 percent down payment can feel out of reach for many buyers — 20 percent on a $300,000 home is $60,000, a big amount to pay upfront — but many loans accept a much lower percentage.

  4. 8 home value estimator websites compared - AOL

    www.aol.com/finance/8-home-value-estimator...

    Zillow’s Zestimate is one of the best-known home value estimators out there, and like many of its competitors, all you need to use it is the home’s address. Per the company’s website, the ...

  5. Private mortgage insurance (PMI): What it is and how it works

    www.aol.com/finance/private-mortgage-insurance...

    Here’s a look at how PMI might play out based on how much you put down, according to the Freddie Mac mortgage insurance calculator and the Bankrate mortgage calculator. These examples assume a ...

  6. Mortgage note: What is it and how does it work? - AOL

    www.aol.com/finance/mortgage-note-does-211132255...

    A mortgage note is one of many closing documents a borrower signs when closing on a home loan. In simplest terms, it represents the mortgage for a given borrower. In technical terms, a mortgage ...

  7. Buying Your First House? Here’s a Step-by-Step Mortgage Checklist

    www.aol.com/finance/buying-first-house-step-step...

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  8. How long should I keep mortgage statements and documents? - AOL

    www.aol.com/finance/long-keep-mortgage...

    The promissory note ( or mortgage note) is the legal contract you sign with your lender, in which you promise to repay the debt you took on with interest and agree the home is collateral for the debt.

  9. Is home insurance required? - AOL

    www.aol.com/finance/homeowners-insurance...

    In contrast, mortgage insurance protects the mortgage lender when homeowners default on their home loan. Typically, mortgage insurance is a separate policy homeowners pay for in addition to home ...

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