Learn The Difference Between A Home Equity Loan vs. HELOC
HELOCs and home equity loans are loans where you use your home as collateral. Both are good options for borrowing money if you’ve paid a significant portion of your mortgage. Some homeowners think that these two are similar, but in reality, they are not the same.
Let’s look at...
5 Mistakes Newbie Investors Make When Buying A House To Flip
With many TV shows depicting house flippers having fun while making a profit, many investors have taken interest in the idea. In 2019 alone, 6.2% of all home sales in the U.S. were flipped homes! It sure looks easy on TV –buy a house, fix it up, put it back on the market, and make an easy sale...
How Do You Get A Mortgage For A Rental Property?
Purchasing your first rental property is a big step in your real estate investor journey. Aside from choosing a potentially profitable property, you need to figure out how to finance your rental.
Before sharing how to apply for an investment loan, et’s look at how a primary home...
How Do Non-QM Loans Work?
Buying a home is part of the American dream, but what if you don’t qualify through traditional means? This is an issue that self-employed and other non-W2 workers often face since their proof of income and employment differs from what lenders typically require.
The good news is...
What Are The Closing Costs For A VA Loan?
As with any type of mortgage, VA loans have fees associated with getting the loan. These fees are often called “closing costs,” and they are paid to the lender for services rendered in creating and processing your mortgage. Note that closing costs must be settled before the...
WIRE FRAUD IS ON THE RISE. PROTECT YOUR FUNDS. For cybersecurity purposes, all bank checks and wire transfers must be confirmed over the phone with the attorney or paralegal working on your transaction prior to obtaining funds or initiating a wire transfer. Hackers are targeting email accounts of lenders, mortgage brokers and attorneys in attempts to initiate fraudulent wire transfers. Do not wire funds without verbal confirmation. CT Liberty Mortgage, LLC will NEVER request borrowers wire funds in connection with their transaction.
CT Liberty Mortgage NMLS 6297 1027 Farmington Avenue, Suite 100 Farmington, CT 06032 Phone: 860.606.0099 | Fax: 860.606.0204 info@ctlib.com www.ctlib.com