Reasons to Refinance
Posted On: March 22, 2021 by CSE Federal Credit Union in: Auto Loans, Education, General
Refinancing a loan is a fairly common practice for consumers, and refinancing debt can be beneficial if done right. “Essentially, refinancing replaces an old loan with a new one with terms that are better for your situation.” (BANZAI) There are multiple reasons why someone would consider refinancing a loan, so let’s start by evaluating what those reasons might be.
Here are a few reasons some people choose to refinance a loan:
To save...
Mortgage Pre-Approval Tips from CSE Experts
Posted On: March 19, 2021 by CSE Federal Credit Union in: CSE, General, Lending, Mortgages
Buying a home is a memorable and huge experience that many people dream about. But, buying a home isn’t something you should do ‘on the fly’, rather something you should do mindfully with good research, consideration, and financial stability.
It’s important that you, and your co-borrower if you have one, do ample know what it is you’re looking for in a home exactly. Talk about it, and make sure you’re on the same page. Once you’ve...
Mortgage Loans: Exploring Myths vs Reality
Posted On: March 10, 2021 by CSE Federal Credit Union in: CSE, Education, General, Lending, Mortgages
Purchasing a home can be one of the most exciting, while being equally one of the most stressful times of your life. The housing market has been on fire in recent years, so when you see a house that you’d like to explore buying, you’ve got to be prepared. To help provide some clarity, we want to provide some insight on some of the most common mortgage myths that consumers may question.
Myth #1 | You need 20% for a down payment....
Don’t fall for financing traps when shopping for your next auto loan.
Posted On: March 1, 2021 by CSE Federal Credit Union in: Auto Loans, CSE News, General, Lending
Buying a car, whether it’s new or used, is almost always an exciting purchase. Whether it’s a car with better features, something that is more ‘your style’, or something else, it’s just fun to drive around in something new. But, with a new car, usually comes a new loan. To make sure you are having the ultimate fun with your new vehicle, make sure you have the best financing.
Here’s what to watch out for when car shopping at dealerships...
