All You Need to Know About Skip-a-Payment
Skip-a-payment is a program allowing members to skip a monthly loan or (with some institutions) a credit card payment without penalty during an especially tight financial season. Most credit unions offer this program during the holidays and during the summer vacation season. Here’s what you need to know about skip-a-payment: How skip-a-payment works Depending on the credit union, Read More »
Why Do I Need To Get Preapproved For A Loan?
Q: I’m in the market for a new home, and everyone I talk to, from friends to financial advisors, suggest I get preapproved for a mortgage before I start house hunting. Why is this so important? A: You’re actually on the receiving end of great advice. When looking to take out a large loan, whether it’s for Read More »
All You Need to Know About Home Loans
If you’re in the market for a new home, you’ll likely need to take out a home loan or mortgage. Let’s take a closer look at this product and its application process.
What is a home loan? A home loan, or a mortgage, enables you to buy a home without having to pull all the cash directly from
