Articles by Rene Bermudez
How Does Mortgage Preapproval Work?
May 10, 2024
A mortgage preapproval helps you determine how much you can spend on a home, based on your finances and lender guidelines. Many lenders offer online... read more
How To Use the USDA Home Loan Map in Your House Hunt
April 25, 2024
The USDA loan map makes it simple to check if a specific home or area is compatible with a mortgage backed by the U.S. Department... read more
Can You Use a Home Equity Loan in a Divorce Settlement?
April 24, 2024
If you’re a homeowner going through a divorce, you’ll need to divide your home equity as part of your divorce settlement or separation agreement. You... read more
Fannie Mae and Freddie Mac: What You Need to Know
April 19, 2024
Fannie Mae and Freddie Mac are “government-sponsored entities” (GSEs), which means they’re private companies created by the U.S. Congress to help keep the mortgage lending... read more
Cash-Out Refinance: How It Works and When It’s a Good Idea
April 19, 2024
A cash-out refinance allows you to replace your current mortgage and access a lump sum of cash at the same time. The new mortgage will... read more