Bella Mertz

You’re our first priority. We want you to understand how we make money. This post may contain affiliate links. Biglaw Investor may receive a commission at no additional cost to you if you click on the links in this article. This may influence which products we write about and where and how the products appear … Read more

When it comes to purchasing a home in the state of Texas, veterans and active duty military personnel have a few different options for financing. Two popular choices are the VA loan and the Texas Vet program. While both programs offer advantages to those who are eligible, they do have some differences. For veterans and … Read more

Short sales became the preferred way of disposing of bad assets when they surpassed bank foreclosure sales and accounted for 25 percent of all home sales. A short sale transaction involves selling a home for less than the balance owed on its mortgage. Buyers seeking a bargain can get a short sale for about 25 … Read more

Purchasing land to build a home or start a business is an exciting endeavor. However, financing the purchase through a land loan can be confusing, especially when it comes to rates and terms. This comprehensive guide breaks down everything you need to know about land loan rates and terms so you can make an informed … Read more

If you have a mortgage with loanDepot, you are likely required to list them as a mortgagee on your home insurance policy. This ensures that in the event of a covered loss on the property, the insurance proceeds go to loanDepot to repair or rebuild the home. Knowing the correct loanDepot mortgagee clause to provide … Read more

Hard money rehab loans have become an increasingly popular financing option for real estate investors looking to renovate and flip properties. Unlike traditional bank loans, hard money lenders focus more on the asset and project rather than the borrower’s credit score and income. This makes them ideal for investors who want to take on fixer-upper … Read more

Check out our guide to loan underwriting to understand what it is, the difference between manual & automated, steps in the process, & what lenders look for. Table of Contents Not all lenders are created equal, but there are certain areas of the lending process they have in common. Underwriting is one of them. This … Read more

If you are planning on buying a home, one of the most critical factors to consider is your credit score. A high credit score usually means more loan options and better interest rates, whereas a low credit score could limit your home loan options. This is why many people ask the question, “What kind of … Read more

Can 3 people buy a house together? Yes they can, but the process is a little different. This guide breaks down what to expect. Joining forces with others for a common cause can lead to better outcomes than going it alone. Case in point: buying a house, especially if you have a low credit score, … Read more

A home equity loan is a way of borrowing money against the value of your home. These loans are a type of consumer debt in which a lender (normally a bank or a credit union) will lend you money at low interest rates in exchange for you offering your house as collateral. Home equity loans … Read more