Most people associate a mortgage with buying a house, but a construction loan finances the home build — from purchasing the lot, paying for labor and materials and covering any permit fees.
If you're saddled with a high mortgage rate, refinancing can get you a better rate and terms, help you pay off your loan faster or even enable you to convert your home equity into cash.
Taking the time to make an informed decision can save you thousands of dollars over the life of your loan. To help you choose among mortgage lenders, NerdWallet’s editorial team has picked some ...