Posts Tagged ‘homebuyer’
Taking Time Off to Raise Kids? Here’s What It Means for Your Mortgage Approval
Many parents take time away from their careers to raise their children, but when it’s time to buy a home, they often wonder: will my employment gap affect my mortgage approval? The good news is, not necessarily! Lenders understand that life happens, and as long as you meet certain requirements, you may still qualify for…
Read MoreBuying a Home While Separated in Texas: What You Need to Know
If you’re going through a separation and considering buying a home, you might be wondering how it will affect the mortgage process. In Texas, there is no legal separation—you are either married, single, or divorced. This distinction matters because Texas is a community property state, meaning your spouse may still have a legal and financial…
Read MoreWhen 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 MoreThe Do’s & Don’ts of Down Payment Gift Funds
Receiving gift funds for a down payment is a generous and helpful way to achieve homeownership. However, it’s crucial to follow the proper steps to ensure the process goes smoothly and complies with lender requirements. At Liberty Star Mortgage in Fulshear, Texas, we’re here to guide you through the do’s and don’ts of down payment…
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 MoreCommon Budget Questions for Buying a Home
Buying a home is an exciting milestone, but understanding the costs involved can feel overwhelming. At Liberty Star Mortgage in Fulshear, Texas, we’re here to break it down and help you plan your budget effectively. Here are answers to some of the most common budget questions when purchasing a home. What Costs Should You Expect…
Read MoreUnderstanding Contingencies in Real Estate: A Guide for Sellers and Buyers
If you’re selling your current home and buying a new one, navigating the process can feel overwhelming—especially when your funds are tied up in your existing home. That’s where contingencies come in! At Liberty Star Mortgage, we’re here to help you understand how contingencies and leasebacks can simplify your real estate transaction. What is a…
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