News

One! Two! Three! Four! VA Loans for Veterans! Score!

Those who have made the ultimate sacrifice for our country deserve the opportunity to live in a home they’ve always dreamed of. That’s why we’re committed to providing competitive VA home loans to veterans. The best part? It’s typically easier to qualify for VA home loans than conventional mortgages, and with help from our expert mortgage loan consultants, we’ll make the process even easier. If you’re interested in a VA home loan in the St. Louis area, just check out the four-step process below.   Pre-qualification and Pre-approval Getting prequalified and approved is a simple but incredibly important step in the process....
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Six Getting a Mortgage Steps So Simple You’ll Scream!

Buying a home is one of the most significant financial decisions you’ll ever make. It’s a journey that involves numerous steps, each with its own set of complexities and considerations. Understanding the home buying process and how to navigate it can help alleviate stress and make the experience more manageable. In this guide, we’ll break down the six essential steps to simplify the home buying process. Step 1: Assess Your Finances Before diving into the world of mortgages and real estate, it’s crucial to assess your financial health. Begin by checking your credit score and credit history. Your credit score...
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The Seven (Not So Scary) Steps of Mortgage

While it can be said that lenders have varied criteria regarding their approval or denial of loans, there are common threads between each. We’ve compiled a handy list of actions and things to be aware of during your mortgage approval process. Gather Documentation Before applying for any type of mortgage loan, you can save time by gathering the necessary documentation beforehand. Any lending institution will have a list of required documents on their website, or they’ll have a toll-free number to call. It also helps to have a head start on documents that require some shipping or clerical work to acquire,...
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Pay Your Taxes Early? Try Paying off your Mortgage Early!

So you finally did it – you got the personal loan you needed to make the impossible possible, whatever your possible might be. But what happens now? Before doing anything, it’s a good idea to start thinking about how you’re going to repay this personal loan in as little time as possible. Because not having a plan (or not sticking to it) will cost you in the long run. If you’re finding yourself without a solid path forward, check out the tips below for quickly repaying loans in a way that won’t rack up extra expense. Relax First and foremost,...
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Is That Your Loan Balance or Your Phone Number?!

To understand the impact of loans on your credit score, as a mortgage broker, we must first take a step back to understand the foundation of loans and credit. When someone borrows a loan, they agree to make a certain number of payments, known as a loan payment, for a certain loan amount by a particular date each month. A credit score represents the amount of trust lenders have that someone will be able to repay their debts and financial obligations on time. A good, or higher, score suggests they are very timely with payments, whereas a bad score suggests...
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DIY Home Inspection in 5 Easy Steps

If you have a passion for real estate and a keen eye for detail, a career as a home inspector might be the perfect fit for you. In this blog post, we will explore the essential steps to becoming a licensed and certified home inspector. From understanding the requirements and training to identifying potential issues and conducting inspections, we will guide you through the process of becoming a professional home inspector. Whether you’re in North Carolina, Ohio, Texas, or any other state in the United States, this article will provide valuable insights into the home inspection industry. Researching the Requirements...
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You Served Us, Let Us Serve You

If you’re a veteran, you’ve probably heard of VA home loans. But do you know exactly what it takes to get one? And what the benefits are when you do? Here at Liberty Lending, we’ve got years of experience providing veterans in the St. Louis area with VA home loans, so we know how to break it down. Here’s the formula for VA home loans: Service Record + Credit Score + Income Level = No Down Payment, 100% Financing, and Great Fixed Rates Let’s explore how everything comes together. First, this is what goes into a VA home loan. Service...
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Don’t Go Broke, Go Broker!

If you’ve started looking into getting a mortgage, you’ve probably realized that it’s a lot of work. But that’s no reason to worry – that’s why mortgage brokers exist. Every day they’re helping people just like you make the most of their mortgage loan. But before picking a partner that can help you do the same, it’s important to get a few answers. Here are some questions to ask any potential mortgage broker before you sign the dotted line. What is the application process like? Applying is more than half the battle when it comes to getting a mortgage loan,...
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