Essential Improvements to Make Before Listing Your House

January 05, 2024 by First Federal Bank
Are you thinking about selling your home? If so, you might want to put these improvements on your to-do list before you list it. Certain upgrades and projects can help your home shine in a sea of listings and attract numerous buyers to check out your abode. The more interest you can generate, the better the selling process will be!   ...

Topics: Homeowners, Mortgages / Home Equity

Get Ready To Buy a Home by Improving Your Credit Score

December 29, 2023 by First Federal Bank

As the new year approaches, the idea of buying a home might be on your mind. It’s an exciting goal to set, and it's never too early to start laying the groundwork. One crucial step to prepare for homeownership is building a solid credit score.

Topics: Mortgages / Home Equity

Life-Changing Events That Move the Housing Market

November 27, 2023 by First Federal Bank

Life is a journey filled with unexpected twists and turns, like the excitement of welcoming a new addition, retiring and starting a new adventure, or the bittersweet feeling of an empty nest. If something like this is changing in your own life, you may be considering buying or selling a house. That’s because through all these life-altering events,...

Topics: Mortgages / Home Equity

Affordable Homeownership Strategies for Gen Z

November 07, 2023 by First Federal Bank

The idea of owning a home has always been a big part of the American Dream. It's a symbol of stability, independence, and having a place to truly call your own. But for Gen Z, the "Zoomers" born between 1997 and 2012, making that dream a reality can feel like quite the challenge today with highermortgage ratesand risinghome prices.

Topics: Mortgages / Home Equity

Invest in Yourself by Owning a Home

October 26, 2023 by First Federal Bank

Are you wondering if it makes sense to buy a home right now? While today’s mortgage rates might seem a bit intimidating, here are two compelling reasons why it still may be a good time to become a homeowner.

Topics: Mortgages / Home Equity

How Does a Joint Mortgage Work?

October 13, 2023 by First Federal Bank

If you can’t afford a house on your own, or if you wish to purchase one together with a friend, a family member, or a partner, a joint mortgage could help you make homeownership a reality. Here’s a closer look at this financial tool and how it works:What is a joint mortgage?With a joint mortgage, two or more people can pool their resources and ...

Topics: Homeowners, Mortgages / Home Equity

Understanding the Benefits of Owning Your First Home

October 12, 2023 by First Federal Bank

Are you considering buying your first home? If so, it can be helpful to know what led other people to make that decision. According to a recent survey of first-time homebuyers by PulteGroup:

Topics: Mortgages / Home Equity

Beginning with Pre-Approval

September 29, 2023 by First Federal Bank

If you’re looking to buy a home this fall, there are a few things you need to know. Affordability is tight with today’s mortgage rates and rising home prices. At the same time, there’s a limited number of homes on the market right now and that’s creating some competition among buyers. But, if you’re strategic, there are ways to navigate these...

Topics: Mortgages / Home Equity

The Pros and Cons of A Fixed Rate Second Mortgage vs. Opening a Home Equity Line of Credit

September 27, 2023 by First Federal Bank

When it comes to a mortgage and the financial stability of your home, there's no such thing as too much you can know in the case of keeping your biggest investment safe. If you're looking at paying off debt and are considering using the equity in your home, here are a few things you'll need to know about refinancing your mortgage and home equity...

Topics: Mortgages / Home Equity

3 Reasons Why Your Mortgage Lender Might Ask for Your Tax Returns - And Why You Should Provide Them

September 27, 2023 by First Federal Bank

After you have completed the initial loan application and have signed the preliminary loan disclosures, your mortgage loan application will generally receive a preliminary prequalification. This prequalification will be based in large part on your ability to provide documentation to support your statements on your loan application, including your...

Topics: Mortgages / Home Equity

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