A home equity loan or line of credit gives you an affordable, flexible financing option where you borrow against your home equity. You have complete freedom to use your funds however you want. Like any financing product, however, it is in your best interest to use your home equity loan […]
HOA vs. No HOA: Pros and Cons
As you shop for a home, you will need to decide if you are open to purchasing in a neighborhood with an HOA or not. This decision will impact your budget and daily life, so it is an important one. Letās go over the pros and cons of an HOA, […]
What Makes a Good Starter Home?
A lot of homebuyers donāt start out purchasing their forever home. They buy a starter home, which is a modest property intended just to get on the housing ladder. Starter homes are typically small, with just 1-2 bedrooms. Their square footage may be under 1,500 in many cases, and they […]
How to Budget for Home Maintenance
When you budget for a new home, you probably think mainly about the cost of the mortgage. But there are some other sneaky costs to think about, like property taxes, HOA fees, and home maintenance and repairs. In fact, budgeting for home maintenance is especially tricky since there is no […]
How to Get Ready for a Refinance Appraisal
One of the steps in getting ready to refinance is to prepare for a new appraisal of your home. Below are some tips for what you can do to get your home in order for the appraiser. Refinance in Ohio Liberty Capital is based in Columbus, and can help you […]
Jumbo Loan Myths and Misconceptions
One of the types of home loans you may want to consider is a jumbo loan, also called a non-conforming loan. Jumbo loans allow you to borrow more than the Fannie Mae and Freddie Mac conforming loan limits allow. Sometimes homebuyers overlook jumbo loans. One of the main reasons this […]
Best Uses for a Home Equity Loan
One of the perks of homeownership is that you can take out a home equity loan. This is a type of second mortgage where you borrow against your home equity for flexible, affordable financing. You can use the funds from a home equity loan pretty much however you want. Here […]
Mortgage Rates Reach 3-Year Low in January
Last month, we reported that conforming loan limits have increased for 2026. Now, we have another exciting piece of news for Ohio homebuyers and homeowners. Mortgage rates have just dipped to their lowest point in 3 years. The average rate for a 30-year fixed-rate mortgage is now just 6.06%, compared […]
Higher Conforming Loan Limits for Ohio in 2026
As we move into 2026, homebuyers in Columbus and throughout Ohio will be pleased to hear that conforming loan limits have increased. In its announcement, the Federal Housing Finance Agency (FHFA) stated, āIn most of the United States, the 2026 CLL value for one-unit properties will be $832,750, an increase […]
Reasons to Buy a Home in Ohio in 2026
If you are thinking of buying a home and have the luxury of shopping for one anywhere in the country, you should consider Ohio. From a cost of living and affordability standpoint, OH is a very attractive state, whether you are shopping for a starter home, your next home, or […]
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