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Articles by Rene Bermudez
How Does Mortgage Amortization Work?
September 26, 2020
Mortgage amortization is a financial term describing how you’ll pay off your loan completely — “mort” means “to kill” — by making payments over the... read more
Can You Buy Land With a VA Loan?
September 25, 2020
You can use a VA loan to buy land as long as you plan to build a house on it. For military borrowers, loans backed... read more
What is an FHA ARM Loan?
September 24, 2020
An FHA ARM loan is an adjustable-rate mortgage (ARM) backed by the Federal Housing Administration (FHA). ARM loans offer a lower interest rate and monthly... read more
What Is A Second Mortgage? Rates, Uses and More
September 24, 2020
A second mortgage is a home loan that allows you to borrow home equity while you already have a current or “first” mortgage on the... read more
Using an FHA Title 1 Loan for Home Improvement: What You Need to Know
September 23, 2020
If your home needs repairs to make it more livable, an FHA Title 1 loan could help. The Federal Housing Administration (FHA) provides insurance to... read more