Entries Categorized as 'Mortgage Loans'

Going From New Homeowner To Happy Home: Tips For Recent Homebuyers

Date February 17, 2017

Looking for your first home? Contact us about our mortgage loans! Becoming a homeowner is a major milestone. There’s a thrill in owning your own place, and you’ve got a new, large investment to maintain. A successful homeowner is one who can perfectly balance that new freedom and responsibility. There are several upcoming firsts for […]

Private Mortgage Insurance – What You Need To Know

Date February 8, 2017

Mortgage or PMI Questions? Contact one of our mortgage advisors today! Whether you’re a long-time homeowner or you’ve just started shopping for your dream house, you’ve seen stacks of papers full of acronyms. Buried amid the dense undergrowth of legalese are three letters that could be costing you more than you think. Be on the […]

ALERT: FHA Reduces Mortgage Insurance Premiums

Date January 13, 2017

Now might be the time to refinance your FHA mortgage! Good news if you currently have an FHA mortgage, or are looking to purchase a new home with a FHA loan. Effective January 27, 2017, the FHA is dropping their annual Mortgage Insurance Premium (MIP) to their lowest levels in nearly a decade. The annual […]

5 Things to Consider Before Buying a Home

Date January 9, 2017

The “American Dream” of owning a home is making a slow comeback after the 2008 financial crisis, but there are still things to consider before undertaking this large financial commitment.     Don’t consider your home as part of your assets. It’s where you and your family live, and it’s not something you can trade […]

Are You a Veteran? You May Be Eligible for a VA Home Loan

Date October 24, 2016

To be eligible for a VA-guaranteed loan, you must meet credit and income standards and have a valid Certificate of Eligibility (COE). The home must be for your own personal occupancy. You must have been discharged under conditions other than dishonorable and meet service requirements. 100% Financing available* No mortgage insurance requirement Cash Out Refinance […]

Is Fall the Best Time to Buy a House?

Date September 21, 2016

Sometimes it’s smarter to buy certain items according to the season, like sweaters near the end of  winter and swimsuits in late summer. But what’s the best season for buying a house? The answer: the fall. As temperatures cool and trees shed their leaves, enough factors break in the buyer’s favor to make it the No. 1 season for […]

Home Loans Made Easy at Matadors Community Credit Union!

Date August 31, 2016

If you’re in the market to buy a new home, or if you want to refinance the loan you have and save money, look no further than our Home Loan Partner American Family Funding. Established in 1993, American Family Funding (AFF) has built a strong reputation as an outstanding mortgage brokerage firm serving the lending […]

Make Smart Decisions When Buying a Home

Date August 17, 2016

A home is probably the largest purchase you will make in your financial life. Review these tips to make sure you are making the best decision. Get prequalified. Take the time to meet with a lender before you start looking to ensure you are searching in the price range you can afford. They can also […]

When It Comes To Borrowing, Patience Is A Virtue

Date March 15, 2016

These days, perhaps more than ever, having patience is most definitely a virtue. And from where I’m standing, nowhere is patience needed more than when you apply for a mortgage loan. Whether you are looking to purchase a home or refinance your home, being a borrower in today’s market may make even the most tolerant […]

The Benefits of a Mortgage Pre-approval — and How to Get One

Date November 16, 2015

Unless you were recently selected as the No. 1 pick in the NFL draft or released a hit album, you probably won’t pay for your new house in cash. Like millions of Americans, you’ll take out a mortgage. Before you begin your housing search, try to get a mortgage pre-approval, which is usually good for […]