Buying a house is a complicated process. But, like
most big tasks, it's much easier to understand -- and accomplish
-- if you break it down into smaller chunks.
That's what we've done here. We start with the three
phases of getting a mortgage for a house: First, figuring out what
kind of mortgage you want, determining how much you can afford and
anticipating what other steps are involved; second, learning how
to shop for a mortgage and deal with lenders and loan brokers; and
third, determining what's involved in finalizing the deal.
These phases are, in turn, broken down into the individual
steps you'll need to understand and complete to find yourself a
fair deal on a loan.
The links in each section allow you to pick and choose
your topics, letting you go in order or jump ahead, if need be.
If you want to go into depth on a topic, take a look in our archive
of detailed mortgage features. In addition, you can stay up-to-date
with the weekly mortgage features and rate columns at Bankrate.com
by visiting our mortgage
The Basics, Part I: Starting out
The Basics, Part II: Securing your loan
The Basics, Part III: Closing the deal