Articles by Rene Bermudez
APR vs. Interest Rate: What’s the Difference?
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An interest rate tells you the percentage of a loan that you’ll pay as a fee for borrowing that money, while an APR (annual percentage... read more
Home Inspection vs Appraisal: What’s the Difference?
April 19, 2023
Many homebuyers are unclear about the differences between a home inspection versus an appraisal. The main difference is that an appraisal deals with the value... read more
What is Mortgage Forbearance?
April 19, 2023
Mortgage forbearance is when your lender agrees to let you temporarily stop making your mortgage payments. You can request a mortgage forbearance agreement if you... read more
How to Get Rid of Private Mortgage Insurance (PMI)
April 14, 2023
Private mortgage insurance (PMI) allows you to put down less than 20% on a conventional loan, but it also adds another expensive line item to... read more
What Low-Income Home Loans Are Available?
April 13, 2023
Having a low income doesn’t automatically disqualify you from buying a home. In fact, there are many programs available to help you reach your homeownership... read more