Buying or Refinancing? Get the Right Home Loan

As a not-for-profit financial cooperative, SchoolsFirst FCU provides affordable solutions to help you achieve the dream of homeownership. Because we return profits after expenses to Members in the form of lower interest rates and low or no fees whenever possible, we offer highly competitive mortgage solutions, along with expert guidance to help you make the most of your money. Continue reading

What You Should Know About Personal Loans

When you need extra cash to pay for a home remodeling project or other major expense, a personal loan can be a low cost solution. You can use a personal loan to pay for almost anything.  All you have to do to be approved is meet minimum income and credit standards set by the lender.

Despite their flexibility, personal loans aren’t right for every situation. Before you complete an application, consider the pros and cons.

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Confusing Mortgage Terms Made Simple

By Lynnette Khalfani-Cox, The Money Coach®

Getting a home loan can be a confusing process. You have to decide whether to get a fixed rate mortgage or an adjustable rate loan. You’ll want to shop around and qualify for the best loan rates and terms. And when you’re signing on the dotted line for one of the biggest purchases of your life, you naturally want to fully understand everything. So one way to make the home loan process easier is to understand some important lingo you might hear from experts in the mortgage industry.

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