Our Mortgage Blog in St. Louis, MO

 How Quickly Can Your Credit Score Go Up: Strategies for Credit Score Improvement

Your credit score or credit account is a crucial financial indicator that can impact your ability to secure FHA loans Missouri, credit cards, and even influence interest rates. If you’re wondering how quickly your credit score can improve, this blog will provide insights into various strategies to boost your credit score efficiently. Whether you’re looking to build credit from scratch, improve an existing score, or recover from credit card debt, understanding credit factors and taking appropriate actions can lead to positive changes in your credit score. Monitoring Your Credit Score and Credit Reports To start the journey towards a better...
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7 Steps In The Real Estate Closing Process

The real estate closing process is a crucial phase in any real estate transaction with home loans St. Louis MO. It involves several parties and numerous essential steps that must be completed before the property changes ownership. Let’s explore the 7 key steps involved in this process and understand their significance for both buyers and sellers. Step 1 – Understanding the Closing Process and Timeline: Before diving into the nitty-gritty of the real estate closing process, it’s vital to comprehend what it entails and the typical timeline for completing a transaction. This step sets the foundation for a successful closing...
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Liberty Lending’s Top 10 Loan Tips!

In the intricate world of loans, understanding the nuances can be the key to unlocking financial success. Liberty Lending, your trusted financial partner, is here to share invaluable insights with our top 10 loan tips. Whether you’re considering a personal loan, managing credit card debt, or navigating the complexities of student loans, these tips cover a spectrum of financial scenarios to empower you in your financial journey when looking for St. Louis home loans. Explore Personal Loans Wisely: When considering a personal loan, carefully weigh your options. Evaluate interest rates, terms, and conditions to ensure the loan aligns with your...
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Monitor the Market and Strike While the Iron’s Hot!

A first time home buyer should be like a hawk—surveying the local and regional real estate market. By knowing how the market behaves, a first time home buyer can monitor the selling prices of comparable homes in their area, which thereby allows them to be a bit more knowledgeable when going to look at homes. Web sites such as Zillow can give a first time home buyer a general idea of what’s out there. Real estate listings are also abundant on the Internet, through sites like the National Association of Realtors®. It’s a good idea to create a few Google Alerts for when...
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Know Your Homebuyers Rights Before Closing and Don’t Get Left Out!

It doesn’t take much to feel out of your depth when it comes to buying a home. Slick realtors and TV show tycoons are just itching to trick you and stick you with the bill—preferably with a hefty fee tacked on for them! But all of this can be avoided if you know your homebuyer’s rights! You have the RIGHT to shop for the best loan for you and compare the charges of different mortgage brokers and lenders. Look all around town, do your research: Liberty Lending has the best deals in town! You have the RIGHT to be informed...
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Conventional Loans Versus FHA Loans

When it comes to securing a mortgage loan, understanding the differences between a conventional loan and an FHA loan is crucial. These two popular loan types have distinct features, eligibility criteria, and financial implications. In this blog post, we’ll explore the fundamental aspects of conventional loans versus FHA loans, delving into topics like credit scores, interest rates, mortgage insurance, and more to help you make an informed decision when financing your home. Conventional Loans Credit Score and Eligibility: A Conventional loan typically requires a higher credit score and a lower debt-to-income ratio compared to FHA loans. Lenders generally look for...
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What Do I Need to Refinance?

To some, the word “refinance” has a stigma attached to it similar to bankruptcy; the idea of it brings about concern over the desperate state of the homeowner using their house as a means to get out financial trouble.  This is inaccurate, of course. For many, refinancing is simply a smart move, either to take advantage of home equity, to lower monthly payments, and/or to shorten or extend the length of their original home loan. Whatever the reason, it’s a common practice among homeowners, so you needn’t feel overwhelmed at the prospect of refinancing.  That said, refinancing isn’t a light...
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Meet Me in St. Louis

This month we move away from the general information and common sense tips provided in previous blogs to answer a more specific line of inquiry: why should I move to St. Louis? After all, the city is as much a part of the decision to move as the home itself, and one cannot claim to have performed due diligence without looking into its pros and cons.  This list is a refresher to buyers who have already lived near the arch and are trying to decide their next move, as well as out-of-towners who contemplate making St. Louis their permanent home....
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