Posts Tagged ‘first time home buyer’
When Should You Start The Home Buying Process?
Many people know they want to buy a home, but aren’t sure when they should make that move. It’s a future goal, but figuring out when to start can be tricky. One thing is clear: the best time to call a loan officer is right now, even if you’re still in the early stages of…
Read MoreBuying a Home with a Low Credit Score: What You Need to Know
If you have a low credit score, you may be wondering if homeownership is possible. The short answer? Yes, you can buy a home with a low credit score. But the real question is… should you? That depends on your financial situation, loan options, and long-term goals. What is the Minimum Credit Score to…
Read More3 Reasons You Need a Real Estate Agent for Your Home Purchase
Recently, there’s been a lot of talk about whether real estate agents are necessary in today’s market. Some believe you can handle the process yourself, skipping representation altogether. While it’s true that buying or selling a home involves plenty of resources at your fingertips, nothing replaces the expertise and guidance of a seasoned professional. If…
Read MoreHow to Buy Investment Property with Your Primary Residence Loan
Are you dreaming of owning an investment property? At Liberty Star Mortgage, we have a strategy to help you achieve this goal while securing the benefits of a primary residence loan. It’s all about combining smart planning with creative financing. @collettesmortgagetips Let’s talk about how you can buy investment property along with a primary residence!…
Read MoreJust Graduated College? Here’s How You Can Buy Your First Home!
Congratulations on earning your degree! If you’ve just graduated and are ready to take the next big step—homeownership—you may be closer than you think. @collettesmortgagetips Just graduated college and ready to buy your first home? Did you know that your college transcript can count as your job history!? If you’ve got that shiny new degree…
Read MoreWire Fraud Alert: Protect Yourself During Your Mortgage Transaction
At Liberty Star Mortgage, we take your safety seriously and we want to help you protect your hard-earned money during your homebuying journey, and we need to talk about something that could cost you big—wire fraud. What is Wire Fraud? Wire fraud occurs when a scammer tricks you into wiring your money to the wrong…
Read MoreDon’t Let a 20% Down Payment Freeze You—Explore Your Home Buying Options!
Does the thought of a 20% down payment have you frozen in fear? You’re not alone! Many first-time homebuyers mistakenly believe they need to save a full 20% of the home’s price to make their dream of homeownership a reality. The good news is, that’s not the case! There are plenty of options that require…
Read MoreA First-Time Homebuyer’s Guide to Home Warranties
As a first-time homebuyer, you’re likely overwhelmed with all the decisions you need to make. One of the most important, yet often overlooked, aspects of buying a home is understanding what a home warranty is and why you might want one. What is a Home Warranty? A home warranty is a service contract that covers…
Read MoreIs Your HOA Payment Included in Escrow?
When buying a home, there’s often confusion about what’s included in your escrow account, particularly regarding Homeowners Association (HOA) dues. Many people assume that, like property taxes and homeowners insurance, their HOA fees will be collected monthly as part of their escrow payments. However, this is a common misconception. HOA Payments and Escrow: What’s the…
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