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June 5, 2012
Posted in General 
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Understanding Private Mortgage Insurance (PMI)
June 1, 2012
Mortgage rates are extremely low! Contact us today for more information on Mortgage Loans!
Posted in Mortgage Loans No Comments »
SoCalGas Warns Customers About Latest Nationwide Scam – This one claims President will provide a credit or directly pay utility bills
May 15, 2012
Imposters Claim President Obama is paying utility bills
Southern California Gas Co. (SoCalGas) is alerting customers to be aware of a scam that has impacted other utility customers in several states across the country.
The scam claims that President Barack Obama is providing credits or applying payments to utility bills. In some cases, scammers have asked for social security numbers in order to allow for credits or to apply payments to customers’ utility bills, presenting an identity-theft risk. According to reports, scammers have visited customers in person, posted fliers and used social media and texting to send messages claiming that President Obama will provide a credit or directly pay utility bills.
Posted in Alerts & Scams No Comments »
The Credit Union Difference
May 15, 2012
Fred Kreger, Branch Manager of American Family Funding talks with Fred Arnold on the differences and benefits of being a member of a Credit Union vs a bank. Credit Unions are not for profit financial institutions offering many of the same products and services as big banks.
Posted in General, Mortgage Loans No Comments »
The High Cost of Prepaid Cards
May 8, 2012
Do you or a family member have a prepaid card? Are you paying fees on it? You probably are.
What is a prepaid card?
Prepaid cards are commonly referred to as prepaid credit cards, but they function more like debit cards than credit cards. Credit cards extend lines of credit to cardholders, whereas a prepaid card only uses money loaded on the card. Basically, you deposit deposit money into your prepaid account and use the funds when you need them. You don’t need to have a bank account, and typically those who cannot get a traditional bank account will use prepaid cards. But there are things you need to know before you purchase one.
Posted in Tips No Comments »
Auto Loans as low as 2.49% APR and No Payments for 90 Days? Yes Please!
April 27, 2012
We’ll get you into the car you need. With a monthly payment you can afford.
Auto Loans as low as
2.49% APR¹
Plus, no payment is due for the first 90 days!²
Compare and Save!
| APR³ | Monthly Payment | Total Interest | Fees | |
| MCCU | 2.49% | $324.59 | $1,422.50 | None |
| Wells Fargo | 5.24% | $349.49 | $3,065.84 | $99 |
| Chase | 3.69% | $335.31 | $2,130.33 | $75 |
³APR=Annual Percentage Rate. Rates as of 4/20/12 and taken from
Bankrate.com. Rates, payments, total interest, and fees based on new
auto, 66-month term, and $20,000 starting loan balance. All rates assumed
for top-tier credit. Restrictions apply.
Posted in Loans No Comments »
When It Comes To Borrowing, Patience Is A Virtue
April 25, 2012
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’re looking to purchase a home or refinance your home, being a borrower in today’s market may make even the most tolerant among us lose our cool. But that doesn’t mean you should shy away from purchasing or refinancing. Interest rates are still historically low and home prices are more or less stable. Instead, what it means is that you should be prepared for your loan approval and funding to take at least a month and you should expect curveballs to be thrown your way during the process.
Posted in Mortgage Loans No Comments »
Energy Upgrade California – Low-Cost Energy Loans!
April 23, 2012
MCCU is the exclusive lender for Los Angeles County’s Energy Upgrade California program!
Energy Upgrade California is an innovative program for homeowners to improve their home’s energy efficiency, save water, lower utility bills and create a healthier and more comfortable home. Energy Upgrade California connects homeowners with participating contractors who can help plan and complete their projects— and with rebates and incentives to help pay for them.
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Valley Family Festival at Northridge Park June 2nd 2012!
April 20, 2012
Join the community at the Valley Family Festival on June 2nd from 3:00pm to 9:00pm!
It’s fun for the whole family:
- Children’s Activities including arts and crafts, bouncers, face painting and more!
- Art Pavilion
- Live Performances and Music
Best of all, there will be a free screening of Puss n Boots!
There is no cost to attend! The Festival is sponsored by Councilmember Mitchell Englander, Kiwanis Club of Northridge and the L.A. Department of Recreation and Parks. Join your neighbors and friends for a fun-filled day!
Click here for more information!
Posted in Community Events No Comments »
Mortgage Myths & Misconceptions Continue To Abound
April 12, 2012
The only thing worse than not having enough information when you need to make a decision on something as financially impactful as obtaining a home loan, is having inaccurate information. Since the mortgage and real estate markets came unraveled more than three years ago, misinformation has been reported time and again. Here we’ll set the record straight on mortgages and real estate here in the San Fernando Valley.
- It is Almost Impossible to Obtain a home Loan
Posted in Mortgage Loans No Comments »
