--- title: HomeLend Mortgage Blog | Borrowing 101 description: Borrowing 101 | HomeLend Mortgage Blog --- - [(888) 749-9595](tel:8887499595) - [info@homelend.net](mailto:info@homelend.net) [![HomeLendLogo_TM-01-1](https://blog.homelend.net/hs-fs/hubfs/HomeLendLogo_TM-01-1.png?width=961&name=HomeLendLogo_TM-01-1.png)](https://homelend.net/)   - [Login](https://apply.homelend.net/#/) - [Apply](https://apply.homelend.net/#/milestones) - [Today’s Rates](https://homelend.net/quote/) - [Loan Programs](https://homelend.net/loan-programs/) - [Blog](https://homelend.net/education/) - [Calculator](https://homelend.net/mortgage-calculator/) - [About](https://homelend.net/about-us/) [tel:8887499595](tel:8887499595) [mailto:info@homelend.net](mailto:info@homelend.net) [![Homelend](https://blog.homelend.net/hubfs/HomeLendMortgage_January2020/images/Homelend_Logo_3_8_17_2000-scaled.png)](https://homelend.net/) - [Today’s Rates](https://homelend.net/quote/) - [Loan Programs](https://homelend.net/loan-programs/) - [Blog](https://homelend.net/education/) - [Calculator](https://homelend.net/mortgage-calculator/) - [About](https://homelend.net/about-us/) - [Login](https://homelend.net/about-us/) - [Apply](https://homelend.net/about-us/) - [(888) 749-9595](tel:8887499595) - [info@homelend.net](mailto:info@homelend.net) © 2019 # HomeLend Mortgage Blog We don’t expect you to know everything there is to know about buying a home. We provide you with expert service for a reason! Feel free to explore our blog to find some quick answers to all your home loan-related questions. ##### [Home Buying](https://blog.homelend.net/blog/tag/home-buying) ##### [Refinancing](https://blog.homelend.net/blog/tag/refinance) ##### [First-Time Buyer](https://blog.homelend.net/blog/tag/1str-time) ##### [Borrowing 101](https://blog.homelend.net/blog/tag/101) [![](https://blog.homelend.net/hs-fs/hubfs/Closing%20Cost.jpg?width=527&name=Closing%20Cost.jpg)](https://blog.homelend.net/blog/5-types-of-closing-costs-for-a-home-purchase) ## [5 Types of Closing Costs for a Home Purchase](https://blog.homelend.net/blog/5-types-of-closing-costs-for-a-home-purchase) by [HomeLend](https://blog.homelend.net/blog/author/homelend) on [Apr 14](https://blog.homelend.net/blog/archive/2023/04/14) With spring in the air, the home buying season is in full swing. Home buying is an exciting journey, but it can also be overwhelming. In addition to the\[…\] [Read more](https://blog.homelend.net/blog/5-types-of-closing-costs-for-a-home-purchase) [![](https://blog.homelend.net/hs-fs/hubfs/HL%20June%20Blog%20Image%202%20.png?width=527&name=HL%20June%20Blog%20Image%202%20.png)](https://blog.homelend.net/blog/make-your-offer-stronger-by-doing-these-4-things) ## [Make Your Offer Stronger By Doing These 4 Things](https://blog.homelend.net/blog/make-your-offer-stronger-by-doing-these-4-things) by [HomeLend](https://blog.homelend.net/blog/author/homelend) on [Jun 23](https://blog.homelend.net/blog/archive/2022/06/23) The current housing market conditions are making it particularly challenging and different from making an offer on a home even just one year ago. The\[…\] [Read more](https://blog.homelend.net/blog/make-your-offer-stronger-by-doing-these-4-things) [![](https://blog.homelend.net/hs-fs/hubfs/VA%20Loans%20Blog%20-%20HomeLend.png?width=527&name=VA%20Loans%20Blog%20-%20HomeLend.png)](https://blog.homelend.net/blog/va-loans-military-appreciation) ## [Military Appreciation Month & VA Loans  ](https://blog.homelend.net/blog/va-loans-military-appreciation) by [HomeLend](https://blog.homelend.net/blog/author/homelend) on [May 23](https://blog.homelend.net/blog/archive/2022/05/23) Military Appreciation Month is celebrated each year in May. This recognition was designated by Congress in 1999, allowing us to use the month to celebrate\[…\] [Read more](https://blog.homelend.net/blog/va-loans-military-appreciation) [![Understanding Today’s Housing Market: Supply & Demand ](https://blog.homelend.net/hs-fs/hubfs/HubSpot%20Blogs%20(1)-1.png?width=527&name=HubSpot%20Blogs%20(1)-1.png)](https://blog.homelend.net/blog/understanding-todays-housing-market-supply-demand) ## [Understanding Today’s Housing Market: Supply & Demand ](https://blog.homelend.net/blog/understanding-todays-housing-market-supply-demand) by [HomeLend](https://blog.homelend.net/blog/author/homelend) on [Apr 27](https://blog.homelend.net/blog/archive/2022/04/27) As a homebuyer, knowing how supply and demand impact your home’s purchase price will help you understand current and future cost expectations. It is no\[…\] [Read more](https://blog.homelend.net/blog/understanding-todays-housing-market-supply-demand) [![](https://blog.homelend.net/hs-fs/hubfs/HubSpot%20Blogs-1.png?width=527&name=HubSpot%20Blogs-1.png)](https://blog.homelend.net/blog/shopping-for-a-mortgage-best-practices) ## [Shopping for a Mortgage: Best Practices](https://blog.homelend.net/blog/shopping-for-a-mortgage-best-practices) by [HomeLend](https://blog.homelend.net/blog/author/homelend) on [Mar 22](https://blog.homelend.net/blog/archive/2022/03/22) When it comes time to buy a home, you’ll want to consider all your mortgage lender options before settling on the best fit for you. There is a lot of\[…\] [Read more](https://blog.homelend.net/blog/shopping-for-a-mortgage-best-practices) [![](https://blog.homelend.net/hs-fs/hubfs/Homelend_RateIncrease_Blog.png?width=527&name=Homelend_RateIncrease_Blog.png)](https://blog.homelend.net/blog/rate-increase-coming-soon-to-second-home-and-high-balance-loans) ## [Rate Increase Coming Soon to Second Home and High Balance Loans](https://blog.homelend.net/blog/rate-increase-coming-soon-to-second-home-and-high-balance-loans) by [HomeLend](https://blog.homelend.net/blog/author/homelend) on [Jan 19](https://blog.homelend.net/blog/archive/2022/01/19) Fannie Mae announced it will be issuing a rate increase for **second home** and **high-balance loans** this spring. [Read more](https://blog.homelend.net/blog/rate-increase-coming-soon-to-second-home-and-high-balance-loans) [![](https://blog.homelend.net/hs-fs/hubfs/Homelend_MortgageReliefBlog_Blog.png?width=527&name=Homelend_MortgageReliefBlog_Blog.png)](https://blog.homelend.net/blog/forbearance-period-ending-whats-next) ## [Forbearance Period Ending - What's Next?](https://blog.homelend.net/blog/forbearance-period-ending-whats-next) by [Sara Livecchi](https://blog.homelend.net/blog/author/sara-livecchi) on [Jul 20](https://blog.homelend.net/blog/archive/2020/07/20) If your 90-day forbearance is set to expire, and you still cannot pay your mortgage, you may still have options. [Read more](https://blog.homelend.net/blog/forbearance-period-ending-whats-next) [![Understanding the Closing Disclosure](https://blog.homelend.net/hs-fs/hubfs/Homelend_ClosingDisclosure_Blog%20(3).png?width=527&name=Homelend_ClosingDisclosure_Blog%20(3).png)](https://blog.homelend.net/blog/understanding-the-closing-disclosure) ## [Understanding the Closing Disclosure](https://blog.homelend.net/blog/understanding-the-closing-disclosure) by [Sara Livecchi](https://blog.homelend.net/blog/author/sara-livecchi) on [Jul 09](https://blog.homelend.net/blog/archive/2020/07/09) A closing disclosure is a five-page document that contains all the finalized details regarding your loan. [Read more](https://blog.homelend.net/blog/understanding-the-closing-disclosure) [![Couple looking at bills and calculating expenses together](https://blog.homelend.net/hs-fs/hubfs/Homelend_Refinance_Blog.png?width=527&name=Homelend_Refinance_Blog.png)](https://blog.homelend.net/blog/whats-the-benefit-of-a-cash-out-refinance) ## [What’s the Benefit of a Cash Out Refinance?](https://blog.homelend.net/blog/whats-the-benefit-of-a-cash-out-refinance) by [Sara Livecchi](https://blog.homelend.net/blog/author/sara-livecchi) on [Jun 12](https://blog.homelend.net/blog/archive/2020/06/12) With rates as low as they’ve been recently, you may have heard talk of the cash out refinance option.  [Read more](https://blog.homelend.net/blog/whats-the-benefit-of-a-cash-out-refinance) [![](https://blog.homelend.net/hs-fs/hubfs/shutterstock_1160497384.jpg?width=527&name=shutterstock_1160497384.jpg)](https://blog.homelend.net/blog/2019/12/debt-to-income-2) ## [Debt-To-Income](https://blog.homelend.net/blog/2019/12/debt-to-income-2) by [Sara Livecchi](https://blog.homelend.net/blog/author/sara-livecchi) on [Dec 24](https://blog.homelend.net/blog/archive/2019/12/24) During the loan application process, you may discuss your debt-to-income ratio and how it impacts your ability to qualify for a loan.  [Read more](https://blog.homelend.net/blog/2019/12/debt-to-income-2) [All posts](https://blog.homelend.net/blog/all) [Next](https://blog.homelend.net/blog/tag/101/page/2) ## Get a FREE rate quote in minutes! 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