Home Equity Line of Credit vs. Home Equity Loan

September 13, 2021 by First Federal Bank

Are you planning a home renovation? Do you need to consolidate debt? If so, you might consider opening a home equity line of credit (HELOC) or applying for a home equity loan. They both use your home as collateral and can help you achieve your home or financial goals.

Topics: Home Owners, Home Improvements

Are You Ready to Own a Home?

September 01, 2021 by First Federal Bank

Owning a home is a large part of adulthood for many, but it can be daunting to think of everything that comes with the process of becoming a homeowner. From being financially stable, to accounting for possible emergencies, there are certain things to be aware of when it comes to purchasing a new house.

Topics: Mortgage Lending, First Home, Home Owners, Family

5 Pet-Friendly Houseplants to Grow

August 13, 2021 by First Federal Bank

Bringing the outdoors in is a great way to add life, a touch of color, and a burst of brightness into your home. However, be careful before grabbing any specimen from your local nursery. Even if you and the human members of your family know not to munch on leaves, flowers, or stems, your four-legged family members may not. The following plants,...

Topics: Healthy Living, Home Owners

Is a Construction to Permanent VA Loan Right for You?

July 23, 2021 by Wendy Hilton

A VA loan is one issued by private lenders and backed by the U.S. Department of Veterans Affairs. It can help U.S. active duty service members, veterans, and widowed military spouses buy a home. VA loans are popular, because they offer a no down payment option and do not require mortgage insurance. They can be easier to obtain than a...

Topics: Trending, Personal Lending, Home Owners, Family, Veterans

Building Your Home's Curb Appeal

July 12, 2021 by First Federal Bank

With the real estate market on fire, you might be considering selling your home. As the saying goes, first impressions are everything. The curb appeal of your home sets a clear standard of excellence. If you feel like your property could stand to pop a bit more, building curb appeal can be easy, affordable, and well worth the effort.

Topics: Mortgage Lending, Home Owners

Creating a Home Maintenance Schedule

June 25, 2021 by First Federal Bank

Just like your car or your own body, your house needs regular care to keep its condition in top shape. To help you make this a habit, here’s a helpful summary of the most common maintenance tasks every house requires. Use this guide to make a checklist for your own house’s particular needs.

Topics: Home Owners, Home Improvements

What Home Insurance Actually Covers

June 23, 2021 by First Federal Bank

Your home is a major investment, and anything that goes wrong on your property could result in extensive repair costs. You don’t want to find out when filing a claim that your policy doesn’t cover what you thought it did — and you’re stuck paying for repairs out of pocket. These are the four primary categories that most standard homeowners...

Topics: Insurance, Home Owners

What is a Bridge Loan?

May 28, 2021 by First Federal Bank

A bridge loan is a short-term loan used to provide immediate cash flow when financing is impending but not available right away. Bridge loans are sometimes also known as swing loans, gap financing, or interim financing. Homeowners typically use these loans to cover the cost of new property before they can sell their current house.

Topics: Personal Lending, Home Owners

Home Equity Line of Credit vs. Home Equity Loan

May 05, 2021 by First Federal Bank

If you’re in need of funds for home repairs, renovations, or paying down high-interest debt, you may have considered a home equity loan or a home equity line of credit. While both of these financial options allow you to borrow against the equity of your home, they each come with their own set of rules and benefits. To help you decide which is...

Topics: Financial Education, Personal Lending, Home Owners

Exciting Yard Games to Try This Summer

April 12, 2021 by First Federal Bank

In the last year, many of us have found new ways to stay entertained at home. From building amazing blanket forts to finding great new board games to play with the family, there was a constant need for new and fun things to do. Now that the weather is warming up, there’s an opportunity to discover some exciting yard games to play with the...

Topics: Kids, Home Owners, Family

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