In this episode of Maine Mortgage Minute, Alina Burke discusses the current state of the mortgage market, focusing on the importance of understanding interest rates, the benefits of buying a home now, and the significance of refinancing and financial planning. She emphasizes the need for pre-approval and the role of insurance in home buying, providing listeners with practical advice to navigate the mortgage landscape confidently.

In Episode 7, join Alina Burke, your mortgage bestie, as she guides you through the crucial steps following mortgage pre-approval. From making confident offers to understanding the importance of home inspections and appraisals, Alina shares insights to ensure a smooth journey to closing day. Discover how to avoid common pitfalls, like opening new credit lines, and learn about the role of escrow accounts. Whether you're a first-time buyer or a seasoned homeowner, this episode equips you with the knowledge to navigate the home buying process with confidence. Tune in to feel prepared and empowered on your path to homeownership.

In this episode of Maine Mortgage Minute, Alina Burke discusses various home financing options available to potential buyers in Maine. She debunks the common myth that a 20% down payment is necessary to purchase a home and highlights several programs that allow for little or no money down. Alina explains the benefits of VA loans, USDA loans, and FHA loans, as well as assistance programs for first-time buyers. She emphasizes the importance of having a knowledgeable lender and realtor to guide buyers through the process, and addresses the concerns of self-employed individuals looking to qualify for a mortgage.