Tag: Financing

Posted on 07/25/2021

Image by Jojje from Shutterstock Many people own homes through a mortgage agreement. Traditional mortgages are primarily fully amortized or gradually paid off with regular payments over the lifetime of the loan. Each payment contributes to both the principal and the interest. A balloon mortgage is a short-term home loan with fixed-rate monthly payments that only take care...

Homebuyers

Financing

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Posted on 02/28/2021

Budgeting for a Fixer Upper

Image by Annie Gray from Unsplash If you are handy with home repair, you could buy a more expensive house if you are willing to put some work into it. Many foreclosures are often sold “as is,” and require some work. The seller may also be more open to negotiating a lower price based on the number of...

Buying A Home

Buying A Fixer Upper

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Posted on 09/20/2020

Drawbacks of Financing Your Mortgage through a Credit Union

Image by Burst from Pexels Buying a home is an exciting time. As you start to comb through listings and decide you’re ready to take the plunge to purchase, you’ll want to pursue getting pre-approved for a mortgage. This way, you'll know how much you're approved for and can shop for homes within your price range. Additionally, having...

Home Mortgage

Mortgage Loan

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Posted on 08/16/2020

Funding Options for Home Building Lots

Image by Peggy und Marco Lachmann-Anke from Pixabay You’ve decided it’s time to build the dream house you’ve always wanted. An exciting time! Prior to hiring builders to construct your home, it’s critical to understand the financials involved before you start the planning process. Securing funding for land is different than obtaining a traditional home mortgage. For starters,...

Financing

Land

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Posted on 06/28/2020

Financing Your Mortgage through a Credit Union

Image by annca from Pixabay You’ve finally found the perfect home. It’s got the number of bedrooms you wanted, a spacious kitchen, updated bathrooms, and even a beautiful vegetable garden out back. Now comes the tricky part—how to pay for it. Numerous home buyers find financing their mortgages through a credit union to be a good option. According...

Financing

Mortgage

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Posted on 05/17/2020

Should You Finance with a Credit Union?

Image by Pete Linforth from Pixabay Property buyers today may think of a credit union as an alternative form of lending and ultimately meant for people who don't fit the stereotypical borrower. But this assumption may a little unfair once you learn the facts. Credit unions present several unique opportunities that you simply won't find anywhere else. We'll...

Financing

General Finance

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