Latest Finance Articles and Promotions

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

How Fundera Can Help Finance Your Small Business

Fundera logoNearly all businesses face the need for financing in one form or another to help fund operations, ensure cash flow is positive, or take on a new project or expansion. But financing for a small business can be a tough road. Not all lenders are quick to approve conventional loan applications for business because of the perceived risk involved, and tapping the shoulders of a friend or family member for financial help is rarely a comfortable choice for business owners. Fundera, an online business lending broker, was created to solve the conundrum of business financing for companies operating in just about any industry. Here’s how Fundera can help finance your business needs.

Posted on May 11, 2017 by Melissa

BMO Harris Bank offers Mortgage Loan with 0.125% Interest Rate Discount + $200 off Closing Costs

BMO Harris Bank logoPurchasing a home comes with as much excitement as it does stress, with the latter mostly related to financing the deal. In addition to finding the right mortgage with the most affordable interest rate and fees, home buyers must also consider how they will cover added expenses like closing costs and moving. Some financial institutions are taking away the pain of making home ownership affordable by offering incentives to new home buyers who meet certain criteria.

Posted on May 10, 2017 by Melissa

Mobile Home vs. Manufactured Home – Is There a Difference?

White metal mobile homeIn the housing world, there are a handful of options for prospective home buyers that differ from the conventional stand-alone, single-family residence. Mobile homes and manufactured homes are two distinct alternatives that appeal to some buyers given how they are structured and a less permanent feel. However, mobile home and manufactured homes are not one in the same. If you’re in the market for a mobile home or manufactured home (includes modular homes), it is important to understand how to two differ in terms of structure and your options for financing.

Posted on May 9, 2017 by Melissa

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