Bella Mertz

An FHA loan, a mortgage insured by the Federal Housing Administration, is a popular choice for many home buyers because of its low down payment and modest credit score requirements. If you want to buy a condo and benefit from the low down payment that comes with an FHA loan, you’ll need to either buy … Read more

You can refinance an adjustable-rate mortgage (ARM). This allows you to buy a home with a lower starting rate, but refinance later when your rate climbs. You can refinance an adjustable-rate mortgage (ARM) just like you could with any other type of mortgage. The option to refinance could make an ARM appealing if youre looking … Read more

If you’re looking to purchase a multifamily property as an owner-occupant, you may be wondering if you can use a USDA home loan to finance it. The short answer is yes, in many cases you can buy a duplex, triplex, or quadplex with a USDA mortgage, as long as you meet the eligibility requirements. As … Read more

Are you a veteran or service member who used a VA loan to purchase your home? If so, you may be curious about how the VA mortgage will affect your home-selling process. Don’t worry, as it is not that much different from any other type of real estate transaction. To help answer all your questions … Read more

As you embark on the process of buying a house, you’ll need to complete many tasks before you can close and move into your new home. Likely the most important item on your to-do list will be securing a home loan. A key figure in the home buying process is the mortgagee, but who is … Read more

Getting a new home built can be an exciting process. You get to work with an architect and designer to create the perfect home for your needs. However financing the construction of a new home is different than getting a traditional mortgage. Construction loans have specific requirements and a unique process. In this article, we’ll … Read more

Can You Buy a Duplex with an FHA Loan? A Complete Guide Buying a duplex with an FHA loan is an excellent way for first-time homebuyers to enter the real estate market An FHA loan allows you to purchase a duplex with as little as 3.5% down while living in one unit and renting out … Read more

Suppose you’ve decided to buy a home and contacted a real estate agent who told you to call back after you’ve been “preapproved.” Immediately, you might have wondered, “What is preapproval?” or “How do I start the process of getting a mortgage loan?” If you’re buying for the first time, the mortgage loan process is … Read more

Over 140,000 active-duty troops, veterans, and retired service members reside in the greater Colorado Springs area, constituting over a third of the city’s adult population. Therefore if you’re selling a home in El Paso County, you will likely receive an offer from a VA buyer. Historically, home sellers have been wary of VA loan borrowers … Read more

Buying a duplex with an FHA loan can be a great way to get started as a real estate investor. The FHA loan program allows buyers to purchase a duplex, triplex or fourplex property with as little as 3.5% down payment. This makes it more affordable to purchase a rental property than conventional loans that … Read more