HELOC vs. Home Equity Loan
There are different ways to borrow your home’s equity. One of the more common approaches you may hear about is a Home Equity Line of Credit (HELOC). There is a second option that many borrowers can tap into when in need, which is the Home Equity Loan. They sound...
The Importance of Emergency Funds
Have you ever had your laptop crash right before a big project was due? Life is full of unexpected surprises, some not so pleasant. When life happens an emergency fund is there to help you out. It is a fund that is set aside for those “oh, no!” moments, so you don’t...
Navigating the Homebuying Process
If you have taken the journey of buying a home, then you understand that buying a home can be tedious but rewarding. If you are starting the homebuying journey, then buckle up because this article will guide you through the homebuying process. Here are some key steps:...
To Pre-qualify or Not?
Buying your first house isn’t always easy. Especially if you are living in a seller’s market. A seller’s market is as simple as it sounds, the seller has more power to control the sale of their home because there are more buyers than there are sellers. As a buyer you...
4 Tips to Help you Prevent Identity Theft
Identity theft happens when someone steals your personal information and uses it in a way that involves fraud or deception, typically for a financial gain. If you have ever been a victim of identity theft, then you may understand how difficult it is to overcome the...
Improving your Credit Score in 2024
Your credit score is a numerical representation of your creditworthiness. An individual’s credit score is pulled whenever you are looking for an apartment, applying for insurance, in need of a loan and even getting a cell phone. Lenders or service providers may use...
What should you look for in a checking account?
Selecting a checking account is a crucial step in managing your finances efficiently. There are many banks that offer various account options; finding the right one depends on what matters to you. Let’s explore 4 factors to consider when searching for the perfect...
HELOC Purposes:
What is a HELOC you may ask? A Home Equity Line of Credit or HELOC is a revolving line of credit where you use the equity in your home as collateral. Equity is the difference between the appraised value of a property and the amount a homeowner owes on their mortgage....
