Found 10 blog entries about Mortgage.

Before you start shopping for your new home, it is important to know how much home you can afford. 

When it comes to getting a mortgage, who you work with matters as every lender charges different fees and has different loan programs to offer. 

We have made it easy with this short list of questions to ask a lender and a few reputable lenders our clients have loved in the past. 

Questions to Ask a Lender:

1. Which type of mortgage is best for me?
2. How much of a down payment will I need?
3. What is my interest rate?
4. What are your fees as a lender?
5. Will I have to pay mortgage insurance?
6. What will my monthly payment be?
7. What are my other closing costs?
8. How long will it take to get a loan?

Preferred Local Lenders:


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Thinking of buying a home but don't know where to start? Not sure of the process involved with buying a home, or just want a refresher? Check out the infographic below for a brief guide! 

NOTE: It is standard to close on a home in 45 days (sometimes up to 60 days) from the date your offer is accepted here in the Gallatin Valley. 

If you have any questions about the Home Buyer Timeline or want to know more, please contact your friendly Realtor/Broker, Tamara Williams at (406) 223-6823 or email me at

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Are you looking to buy a home in Bozeman, Montana? 

This video covers some hot topics even if you are not a first time homebuyer. Tamara Williams and Graver Johnson with Cornerstone Home Lending are covering home buying and buying in a hot market. Before you start searching for homes on the internet, tune into this video! 

Topics discussed in the video above:

  • Pre-qualification and pre-approval
  • What is the 2-2-2 rule? 
  • Appraiser timeline - how quick can you close on a property? 
  • What is entailed when making an offer? 
  • Home Inspection and how long it takes to schedule an inspection 
  • What is involved with closing a home? 
  • First time homebuyer loan programs 
  • What is an express closing? 
  • Is Zillow reliable? Do they
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Being prequalified by a mortgage lender lets you know how much you can borrow. Should you get pre-qualified before you shop for properties? Short answer is YES! 

What if you have bad credit? What if you qualify for way less than you expected? Finding out these potential hurdles BEFORE you put a property under contract could save you thousands of dollars and most importantly, your time. We commonly have this conversation with our buyers to ensure they have a great lender they're working with and have their finances in order. 

Getting pre-qualified doesn't require a commitment from you or the bank. When you get prequalified, you can request a letter stating how much you may be able to borrow, based on the information you provided. You can give this

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Did you hear? FHA loan limits have increased for 2018!

(The above images and information are brought to you by Shannon Foley and Graver Johnson Cornerstone Home Lending Team)

See if you qualify today! Find out more information from Cornerstone Home Lending, Inc.

Then, checkout Tamara Williams and Company Real Estate to begin your home buying experience! 

Tamara Williams & Company
Tamara Williams - Broker

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There are great options when it comes to being a Veteran and homebuyer. To save a copy, right click on this image to print the flyer or simply email

If you have any questions what YOU could specifically qualify for, please contact Cornerstone - The Shannon Graver Team at or call the office line at 406-551-4016 for personalized assistance. 

Guide to VA Loans

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This is the question of the century. And to make matters worse, this question branches off into a million other questions.

Do you stay in Bozeman? Do you leave? Where do you go if you do leave? What kind of job do you want? How much can you expect to get paid? What kind of work benefits (i.e. health insurance) will you receive? Are your parents going to boot you off of their health insurance soon? When can you afford a new car? Can you afford a higher car insurance premium? Can you get a dog? Do you want to live in an apartment building? Do you want a yard for your new dog? If you weren’t overwhelmed before, I’m sure you are now!

These are the questions we ask ourselves (or should ask ourselves) once when we enter “adulthood”.


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Check out the Dos and the Don'ts of Financing a Home 


You would be shocked how many Don'ts happen during a transaction. Most of these Don'ts can be avoided. Here are some ways to think about how to avoid putting yourself in a pickle:

- Buying a brand new car until after you purchase a home
- Save the money you have set aside for closing
- Buying only a few pieces of furniture that you don't need to open a line of credit for  

Perhaps you had to change jobs right in the middle of buying home. Sometimes that is unavoidable and life happens. But INFORM YOUR LOAN OFFICER to ensure you are taking the right steps and have done all you can do if you have to change your financial situation before closing on your home. 

Of course, lean on your

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If you are paying more than $1,500 - $2,000 a month and you want more responsibility, freedom, talk with a lender today.  While there are many newspaper ads discussing how expensive Bozeman is, interest rates are at all time lows and buying a home in Bozeman is probably more affordable than you know. 

Don't have the down payment?  If you live outside of Bozeman's City limits there is RD financing that provides 100% financing.  You can also request sellers to contribute towards your closing costs and pre-paids.

Want to live in Bozeman or Belgrade?  There are FHA programs that allow about 3% down, and Conventional loans require about a 5% down payment.

I am not telling people to purchase a home if they don't feel ready, but if you have been wanting

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VA Home Buyers Have NO/Low Down Payment in Bozeman, MT

Apply for a NO or low down payment VA Home loan in Bozeman, MT

NO/Low Down Payment and Interest Rate

No Down Payment VA Home Loans require ZERO down payment from the home borrower.  Interest rates are based on the applicant’s credit score and are LOW right now.  Interest rates can be fixed over the life of the loan and do not adjust.

What Can My No/Low Down Payment VA Home Loan Be Used For?

You can purchase an existing home or have a new construction home built by Swiftcurrent Builders.  No Down Payment VA Home Loans can even be used to buy multifamily property.

What if I am Disabled and Homes don’t Meet my Needs?

Veterans that experienced disabilities related to their great

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