Avoid Pitfalls
May 19, 2022 | 1 Minute Read
You are agreeing to repay a substantial amount of money over an extended period of time. Make sure you know what you are getting into and protect yourself from fraud.
News and Updates
Key Terms for Homebuyers
May 19, 2022 | 8 Minute Read
Adjustable Rate Mortgage (ARM) An adjustable rate mortgage (ARM) is a type of loan for which the interest rate can …
The 5 Bank Accounts You Need to Have
May 19, 2022 | 3 Minute Read
Before I became a banker, way back in the 1900’s (ouch, that stings a lil bit) I had one checking account. I’d …
Budgeting for Ramen
May 19, 2022 | 3 Minute Read
Remember getting your first apartment? It’s probably one of the greatest “growing up” moments we can experience. Finally! No one nagging you to clean your room, no one hogging all the hot water, especially no one invading your privacy…and, oh…yeah, no one helping you pay the rent. Or the utilities. Eek! The initial rush of excitement and independence is suddenly replaced with anxiety because being a grown-up comes with a little more responsibility than deciding which flavor Ramen noodle you should fix for dinner.
21 Day – Mini Financial Fast
May 19, 2022 | 3 Minute Read
You know what’s easier than running at the crack of dawn? A few days of unnecessary purchases to get us on track and potentially break us of a bad spending habit or two. Right? We got this! Let’s start by laying out a plan that will be easy to follow.
14 Common First-Time Homeowner Questions
May 13, 2022 | 6 Minute Read
Purchasing a home is an important life event. Aside from the joy of ownership, each mortgage payment contributes to long-term wealth accumulation. If you’re buying a property for the first time, familiarizing yourself with the process can be really beneficial. The more you know, the better your chances of avoiding big setbacks are. And if you run into any issues, you’ll at least know what to do next.
13 Ways to Start Saving More Money Today
May 13, 2022 | 4 Minute Read
Whether you’re ready to start saving money for a down payment on a new home, a tropical getaway or you’re planning for retirement; we’ve got 13 practical solutions to get you started. By changing a few daily behaviors, decreasing monthly costs, and utilizing tools to help automate savings, you can score some significant savings.
Home Loans FAQ
Apr 21, 2022 | 2 Minute Read
Q : How do l know how much house l can afford? A : There are many things that effect how much a borrower can afford. Job tenure, credit, down payment, debt ratios are just a few. Credit is probably the most important factor of all. The higher your credit score the more you may be able to afford. However, the amount that you can borrow will also depend upon your employment history, credit history, current savings and debts, and the amount of down payment you are willing to make. You may also be able to take advantage of special loan programs for first time buyers to purchase a home with a higher value. Contact your local branch and ask to speak with a Mortgage Loan Officer, and they can help you determine exactly how much you can afford.
Home Loans – Do’s & Don’ts
Apr 21, 2022 | 2 Minute Read
While working through the loan process, there are things you can do to delay your loan closing or even disqualify you from getting the loan. Here are some things to be aware of:
Home Loan Process: 6 Simple Steps
Apr 21, 2022 | 1 Minute Read
PRE-QUALIFICATION
Meet with your loan originator to apply for a loan and review credit standing.
Discuss purchasing goals and budget.
Issue a pre-qualification letter.