Articles by Rene Bermudez
Conforming Loan Limits for 2025
February 4, 2025
The 2025 conforming loan limit for one-unit properties in most of the U.S. is $806,500, but can go up to $1,209,750 in high-cost areas. A... read more
Jumbo vs. Conventional Loans
February 4, 2025
What separates jumbo loans and conventional, conforming loans is simply how much you’re borrowing. Conventional loans let you borrow up to the conforming loan limit,... read more
What Is a Deed in Lieu of Foreclosure?
January 28, 2025
A deed in lieu of foreclosure involves a homeowner transferring ownership of their house to their mortgage lender instead (“in lieu”) of going through the... read more
When Is My First Mortgage Payment Due?
January 28, 2025
Your first mortgage payment will typically come due on the first day of the second month after you close on your home loan. If that... read more
Mortgage Rate Lock Guide: How to Secure Your Interest Rate
January 24, 2025
Once you’ve shopped around and found the best interest rate for your home loan, there’s one more important step to take: getting a mortgage rate... read more