Articles by Rene Bermudez
What Is a PITI Payment? Understanding Principal, Interest, Taxes and Insurance
July 6, 2023
PITI is short for “principal, interest, taxes and insurance,” and lenders combine all four elements to calculate your total monthly mortgage payment. As a homebuyer,... read more
Assumable Mortgage: What It Is and How It Works
July 6, 2023
When buying a house, you’d usually choose a lender and apply for a brand-new mortgage. But in cases where the house you’re eyeing has an... read more
What Is a Joint Mortgage?
June 9, 2023
A joint mortgage is when you take out a home loan with another person — it could be a spouse, family member or friend. This... read more
What Is House Hacking?
June 9, 2023
House hacking is a way of investing in real estate; however, unlike other strategies, it involves renting part of the house or property you live... read more
How To Buy a Mobile Home
June 8, 2023
A manufactured home (often called a mobile home) is built in a factory and moved to a permanent location. The process to buy a mobile... read more