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Second Home Mortgage Requirements: The 5 Things Lenders Check
By: Tomo Mortgage Staff Reviewed by: Jeffrey Kriebel, Senior Loan Advisor | NMLS #30073 November 6, 2026 To qualify… Read more
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HELOC vs. Home Equity Loan: Which Is Right for You?
By: Tomo Mortgage Staff Reviewed by: Michael Welsh, Senior Loan Advisor | NMLS #1866716 November 4, 2026 Key takeaways… Read more
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How Does a HELOC Work?
By: Tomo Mortgage Staff, Reviewed by: Aaron Shaw, Senior Loan Advisor | NMLS #182019 November 3, 2026 Key takeaways… Read more
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Gift of Equity: How It Works When Buying a Home From Family
A gift of equity lets a family member sell you their home for less than it’s worth and use… Read more
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What Is an Appraisal Gap? Costs, Examples & Your Options
An appraisal gap is the difference between what you agree to pay for a home and what it’s appraised… Read more
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Cash to Close vs. Closing Costs: What’s the Difference?
Key Takeaways Closing costs Cash to close What it covers Lender fees, third-party services, taxes, prepaid expenses and initial… Read more
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Can You Buy a House on Disability?
Yes, you can buy a house using disability income. Social Security Disability Insurance (SSDI), Supplemental Security Income (SSI), VA… Read more
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Can Green Card Holders Buy a House?
Key takeaways Yes, green card holders can buy homes in the United States. You don’t need U.S. citizenship to… Read more
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Can You Buy a House Without Your Spouse?
Yes. You can get a mortgage without your spouse as a borrower if you qualify on your own. Applying… Read more
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Can You Get a Mortgage on Social Security Income?
Yes, you may qualify for a mortgage using Social Security income, even without a paycheck. Eligibility depends on how… Read more
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Asset Depletion Mortgage: How to Qualify Using Savings and Investments
Key takeaways What is an asset depletion mortgage? An asset depletion mortgage lets you qualify for a home loan… Read more
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SoFi vs. Rocket Mortgage
Key takeaways The bottom line: SoFi is worth considering if you qualify for its member discounts, want to keep… Read more
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What Is a 2-1 Buydown? Payments, Cost, and When It’s Worth It
Key takeaways How a 2-1 buydown works A 2-1 buydown temporarily lowers the principal and interest portion of your… Read more
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Can You Get a Mortgage While on Maternity Leave? How U.S. Lenders Count Your Income
Yes. You can apply for a mortgage while pregnant or on maternity leave. Federal law protects you from being… Read more
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Temporary Buydown: How It Works, What It Costs, and What Happens When It Ends
Key Takeaways: How does a temporary buydown work? A temporary buydown lowers your mortgage payment for a set period,… Read more
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Can You Use Rental Income to Qualify for a Mortgage?
Yes, you can use rental income to qualify for a mortgage, but lenders won’t necessarily count every dollar you… Read more
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Buying a House After Divorce: What Lenders Check Before Preapproval
Key takeaways Is there a waiting period to buy a house after divorce? No. There’s no universal waiting period… Read more
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Buying a House With Student Loan Debt: What Lenders Actually Count
Key takeaways Mortgage lenders don’t always count what you actually pay on your student loans. They count a qualifying… Read more
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Can I Get a Mortgage If I Just Started a New Job?
Key Takeaways Often, yes: starting a new job doesn’t by itself rule out a mortgage. Fannie Mae’s guidelines ask… Read more
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Mortgage Lenders With No Origination Fees: How to Tell If You’re Really Saving
Key Takeaways What does “no origination fee” actually remove? It removes one lender charge. It doesn’t remove your closing… Read more