Find out what types of mortgage loans are offered by SchoolsFirst FCU, and how you can get up to a 25% rebate on your real estate agent’s commission when you join the Home Advantage Program.1
Discover why you should get pre-approved, how your credit affects your loan terms , which affordability factors to consider, and more about mortgage loan rates.
Content Provided Courtesy of NerdWallet
Contrary to what you may think, signing up for a mortgage loan doesn’t mean you’re trapped in that rate or term.
Knowing when to refinance, for instance if rates change or events arise that prevent you from paying as you had planned, can help you understand how to cut your costs or tap into your home’s equity.
After moving to Orange County in 1985, Casandra C., a teacher then principal, wanted to find a financial institution that was more local to her new home than her bank in North Carolina.
Reta and Tim C. joined the Credit Union in 2010, on the recommendation of Reta’s mother who is a school employee Member.
Elementary school teacher Christine C. called SchoolsFirst FCU with a question about her checking account—by the end of the call she saved money by refinancing her car.
Mention the word “refinance” and you probably think mortgage. And paperwork and hassle. Yes, refinancing your mortgage can mean both. But refinancing your car loan, not necessarily. By reducing your interest rate, you could save on your monthly payment and over the life of your loan, save thousands. And it’s easy!
Who wouldn’t want to finance a car at 0% interest? It has the potential to save you a lot of money over the life of the loan, right?
That’s what auto dealerships count on. It’s one of the best ways they have to get you into a new car, according to a J.D. Power Dealer Finance Study.