Continue reading 7 Common Uses For Your Home Equity Line of Credit (HELOC)
Homeowners who have equity in their home can use it as revolving credit and borrow against it when they use a Home Equity Line of Credit, otherwise referred to as HELOC. Here's just a few of the things you can do with it!

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Continue reading Construction Loans: Can You Use Land as a Down Payment?
Getting a new construction loan to build your dream house is exciting! You may already have ideas of what you want while you scour the internet for the perfect floorplan. You’ve watched enough HGTV you feel like a designing pro. You’ve even acquired the plot of land on which this palace will sit. So now what?
You’ll be in need of a construction loan. One of the most common questions we get from people building a new home is whether or not they can use their land as a down payment on their construction loan.

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Continue reading First Things First: 4 Things To Consider Before You Even Begin Looking for a House

So you’ve decided the time is right to buy your first home…that much is certain. And we can’t blame you, with mortgage rates this low and a real estate market ripe with opportunity. But now what? Before you even get a pre-approval, before you choose a realtor and start house hunting, consider these things first.

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Continue reading Rent, Buy, Refinance: 5 Questions to Guide Your Decision
Buying a home can be an exciting milestone in your life, and it’s important to educate yourself on the financial implications of homeownership before you make an offer. Whether you’re a first-time homebuyer or a current owner looking to sell or refinance, there are a few key questions that should help guide your decision.

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Continue reading 13 Common Questions Home Buyers Ask
Investing, Home Ownership

13 Common Questions Home Buyers Ask

April 15, 2019 Arbor Financial Credit Union

Let’s face it, buying a home is REALLY exciting. It’s also filled full of questions like, how much home can I afford and what is the first step in the home buying process? So we compiled a list of the most common questions that home buyers ask to help ensure your home buying journey is smooth.

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