Articles by Rene Bermudez
What Is an Assumable Mortgage?
December 30, 2024
With an assumable mortgage, instead of applying for a brand-new loan, you can take over — or “assume” — an existing one. If that loan... read more
FHA Loan Limits for 2025
December 26, 2024
The FHA loan limits for 2025 allow homebuyers to borrow up to $524,225 for a single-family home in most parts of the country. Buyers purchasing... read more
Why Mortgage Reserves Matter When Buying a Home
December 23, 2024
If you’re applying for a home loan, you may need to set aside mortgage reserves, which are extra assets that allow you to cover your... read more
How to Read a Mortgage Statement
December 20, 2024
Your monthly mortgage statement provides valuable information about your home loan. Knowing how to read your mortgage statements can help you keep track of how... read more
VA Loan Guide: Eligibility, Best Lenders and How to Apply
December 5, 2024
The VA home loan benefit is one of the most useful perks of being a military service member or veteran. It opens the door to... read more