Latest Finance Articles and Promotions

Mattel Federal Credit Union Offering $2,000 in Purchase Credits to Close on Home Loan

Mattel Federal Credit Union logoIf you’re in the market to buy a home, you are certainly not alone. Spring is one of the best times of year to make the leap into home ownership, based on more homes coming onto the market and ready to move sellers. But making the commitment to buying a home can be costly once all of the expenses are added into the mix. Closing costs, including fees associated with securing the right mortgage and interest rate, can represent a large financial burden for some new homeowners. Fortunately, a handful of financial institutions are set on helping prospective home buyers get into the home of their dreams without draining their savings. Just be sure to shop around for the offer that best meets your needs.

Posted on May 25, 2017 by Melissa

California Bank & Trust offering HELOC with 2.49% Introductory Interest Rate for 9 Months

California Bank & Trust logoA home equity line of credit (HELOC) can be a homeowner’s best friend, as it works as a direct line to affordable funds when the need arises. Because there are no restrictions on how funds from a home equity line of credit can be used, homeowners have full control over how they spend. Planning for a big family vacation, preparing to renovate a bathroom or a kitchen, or consolidating high-interest debt can all be done with a budget in mind with a home equity line of credit. While interest rates remain low, securing a home equity line of credit is a smart move for qualified homeowners.

Posted on May 24, 2017 by Melissa

Ally Financial offering New Home Loan with $500 off Closing Costs

Ally Bank logoBuying a home is a major financial commitment. Not only to do new homeowners have to prepare for the cost of ownership in terms of the monthly mortgage payment, which includes taxes, insurance, principal, and interest, they must also give some thought to the up-front expenses that go into the process. A down payment is required for most home purchases, as are closing costs – both which can add up to thousands of dollars before the keys are handed over. To make the dream of home ownership a reality, most individuals need to do some degree of shopping around to ensure they receive the most bang for their home buying buck when it comes to their lender.

Posted on May 23, 2017 by Melissa

MidWest America FCU offering Home Refinance Loan with 2.99% Interest Rate

MidWest America Federal Credit Union logoHome ownership can be a smart way to accumulate wealth over the long term, but the original mortgage taken out on a residential property may not always continue to be the best financial fit. Refinancing a current mortgage with a new loan offers the opportunity to lower the interest rate in some cases, which provides for a reduced monthly payment and overall savings over the life of the mortgage loan. Finding the right refinancing lender takes some work, but focusing on low rates plus a strong commitment to customer service can help ease the decision-making process.

Posted on May 22, 2017 by Wes

How to Obtain Your Business Credit Report and Score

Business man touching credit report tab on virtual screenJust like personal credit, businesses establish credit profiles, histories, and scores over time. A business credit score is equally important as an individual’s credit information given that companies need to be able to show outside investors and potential lenders they have a track record of paying their bills on time and in full. When business credit is tarnished, it is an uphill battle to receive affordable financing, whether that is through a business credit card, a loan, or an alternative source of funding.

Posted on May 19, 2017 by Melissa

Velocity Community Credit Union (FL) offering $295 off Mortgage Closing Costs

Velocity Community Credit Union logoBuying a home is still very much a part of the American dream. Real estate is viewed as a strong asset in most markets, and affordable financing through low-interest rate mortgages makes the prospect of home-ownership a reality for some individuals and families. There are, however, costs included in buying a home that can add up to make the process less budget-friendly, including the down payment and closing costs. To ease the financial pressure of home buying, individuals should take the time to compare offers from different banks, credit unions, and other mortgage lenders before taking the leap into buying a home.

Posted on May 18, 2017 by Melissa

Fundera Business Loan Types and Qualification Requirements

fundera logoFinding – and understanding – the best options for financing business operations can be an uphill battle. A quick online search of business loans returns far too many results to count, and each comes with a variety of credit requirements, loan limits, and repayment terms that may not be the strongest fit for your specific business needs. The online lending broker, Fundera, has set out to make the process of finding the right business loan easier to navigate by connecting prospective borrowers with non-traditional lenders that offer a slew of financing options for qualified businesses. Here are the types of loans Fundera provides and the qualification requirements for each.

Posted on May 17, 2017 by Melissa

Bank of Oklahoma offering HELOC with 2.75% Introductory APR for 12 Months

Bank of Oklahoma logoBeing a homeowner comes with a number of perks, not the least of which is access to the equity accumulated in the home. Through a home equity line of credit, homeowners have the unique ability to borrow at attractive interest rates, making the process of funding life’s big expenses easier. Whether home equity is used to buy a car, family vacation, or finance a remodel or renovation, tapping into this valuable resource is made easier with offers from local banks or credit unions.

Posted on May 16, 2017 by Melissa

Regions Bank vs KeyBank vs Capital One – $200 Checking Account Promotions Compared

Woman stitting at desk opening new bank checking account onlineFor most consumers, having a checking account is a necessary part of money management. With features like free direct deposit of earnings, bill pay options, and ATM access, a checking account is often used for a variety of life’s inevitable financial moves. However, not every checking account is created equal. Currently, three attractive promotions are taking place for consumers looking to make a change with their checking account, from Regions Bank, KeyBank, and Capital One. Before you sign up for one or the other, let’s take a look at how each checking account promotion stacks up to the next.

Posted on May 15, 2017 by Melissa

Will Home Prices Continue their Climb in 2017?

Housing market with price bubbles above houses in skyNearly a decade after the housing market crash and following recession of the U.S. economy, a heavy focus has been placed on the trends affecting potential home buyers moving forward. Millions of homeowners found themselves underwater on their properties, meaning more was owe on the mortgage than what the home was worth. This led to a wave of foreclosures and short-sales that ultimately left countless regional real estate markets depressed in terms of home prices. But since the market fallout, home values have been on the rise, and combined with historically low interest rates on new mortgages, the national housing market has been strong for the last few years. Most buyers and sellers now want to understand if the trend will continue.

Posted on May 12, 2017 by Melissa

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