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Articles by Rene Bermudez
What Is the Minimum VA Loan Credit Score?
November 26, 2024
The U.S. Department of Veterans Affairs (VA) doesn’t set a specific VA loan credit score requirement. Lenders, however, can set their own minimum VA loan... read more
Are VA Loans Assumable?
November 25, 2024
If you’re looking to buy or sell a home, consider the unique opportunity that assumable VA loans provide. Not only do these loans allow the... read more
What Is Foreclosure and How Does It Work?
November 22, 2024
Foreclosure is the legal process a lender uses to take ownership of your house if you default on a mortgage loan. It’s expensive to go... read more
What Are Mortgage Servicing Companies?
November 15, 2024
A mortgage lender provides the money you need to purchase a home, while a mortgage servicing company collects your monthly payments. Like a waiter at... read more
What Is PMI? All About Private Mortgage Insurance
November 13, 2024
You’re required to pay private mortgage insurance (PMI) if you can’t make at least a 20% down payment when purchasing a home using a conventional... read more