Mortgage Education Center

Helpful Articles

General:

• Evaluating Mortgage Types
• Tax Implications of Purchasing a Home
• Accumulating a Down Payment

Buying a Home:

• Buying a Home: Getting Started
• Buying a Home: From Prequalification to Closing
• Tips for Home Buyers

Building a Home:

• Financing New Construction: Getting Started
• Building a Home: Financing from Start to Finish
• The Benefits of a BB&T Construction to Permanent Loan
• Is a Renovation Loan Right for You?

Refinancing:

• Refinancing Your Mortgage: Getting Started
• Refinancing: The Steps from Start to Finish
• Should You Refinance Your Home Mortgage?
• Consider Refinancing Regardless of Rates

First-Time Home Buyer:

• What to Expect When You Buy Your First Home
• Buying Your First Home: Getting Started
• Buying your First Home: Prequalification to Closing
• Before Buying Your First House
• Tips for First-Time Home Buyers
• Choosing a House

Tools

Mortgage Application Checklist 

Keep the application process running smoothly. Learn what documentation you need to gather and preparations you should make before you finalize your mortgage loan.

Home Loan Learning Center

Learn about credit reports and scores; the true cost of owning a home; and how to compare the costs of owning versus renting. Get the information you need to be financially literate.

HUD Settlement Costs Booklet

Become familiar with the stages of buying a home and protect yourself from unfair practices.

• Learn about the sales agreement, how to use a Good Faith Estimate to shop for the best loan, required settlement services to close your loan, and the HUD-1Settlement Statement you receive at closing.
• Become familiar with interest rates, points, balloon payments and prepayment penalties and how they affect your monthly payments.
• Learn about resolving loan servicing problems, avoiding foreclosure and determining if a home equity loan or refinancing is right for you.

Consumer Handbook on Adjustable-Rate Mortgages

Learn how adjustable rate mortgages work and issues borrowers may face. Learn how to reduce your risks and get important information from lenders and other trusted advisers.

Mortgage Fraud Prevention

Be your own best advocate. Learn about common mortgage fraud schemes and what you can do to protect yourself. Read recommended dos and don’ts for getting a mortgage.