Tuesday, May 10, 2022 When it comes to the process of purchasing your first home, excitement and nerves are completely normal. However, the challenges of being a first-time homeowner can feel intimidating—daunting, even—particularly for those moving on their own for the first time. Let’s take a look at a few guidelines and tips that can help take the stress out of the decision to purchase your first home. Your First Home Isn’t Usually Your Forever Home When it comes to the purchase of a new home as a real estate investment, many first-time home buyers tend to want the biggest house they can get. With thoughts of starting families or getting enough space for an existing family to grow, buying a house is one of the first times people tend to really plan out their lives 30 years in advance. Tuesday, June 22, 2021 Basic tools If you’ve never pretended to be a handyman, but you’d like to have basic tools in the house in case something needs minor repair, here’s what belongs in your toolbox:
Tuesday, January 21, 2020 Tuesday, February 26, 2019 Tuesday, February 27, 2018 About UsCareersBoard of DirectorsCommunity ImpactADA/ Web Accessibility CloseEnuff™ CheckingSavings AccountsMoney MarketsCertificates of DepositIRAsGrow Your Change Auto LoansBoat & RV LoansPersonal LoansBusiness LoansHome Equity LoansStudent LoansSkip-A-Pay PurchaseRefinanceFirst-Time HomebuyersMortgage Specialists Credit CardsCard Info & DisclosuresFraud Protection Youth ServicesStudent-Run CUGreenlightYoung Adult ServicesScholarshipsCloseEnuff™ Student Checking Community ImpactRelentless Care FoundationChoose The BearBlog Archive
If you’re in the market for a new home, you’ll likely need to take out a home loan or mortgage. Let’s take a closer look at this product and its application process.
First, be sure to have an inspection contingency included in your contract. A professional home inspection can save you a ton of aggravation and thousands of dollars in the long run. The inspector will carefully examine the entire house, checking its systems, structure and equipment for functionality and potential problems.
P.O. Box 8050
Plymouth, Michigan 48170-8050
(877) 937-2328
2021(61)
December(5)
November(6)
October(5)
September(4)
August(5)
July(3)
June(6)
May(5)
April(5)
March(6)
February(6)
2020(61)
December(6)
All You Need to Know About Going Cashless5 Ways to Trim Your Fixed ExpensesBeware of Debt-Collection ScamsSchool Spotlight: Liberty Middle School and Financial Online Resources for Middle School Students3 Ways to Make Your Holidays Bright (and Safe!)9th Annual Warming Hearts & Homes: You Click, We Donate!
November(5)
October(5)
September(5)
August(4)
July(4)
June(6)
The Complete Guide to Prioritizing Bills During a Financial CrunchAll You Need to Know About Closing CostsSchool Spotlight: New School High Learns Real-Life Skills with the Student-Run Credit Union ProgramCreative Dine-In Cooking: Spaghetti PizzaWhy Is There Still a Shortage on Some Goods?Summer of Sharing 2020: 10 Years of Sharing
May(5)
April(5)
March(6)
February(5)
2019(62)
December(6)
Using 20/20 Vision in Your Financial New Year's ResolutionsStay Safe From These Airbnb Scams This WinterHow to Prepare Your Home for WinterSchool Spotlight: Bentley Elementary Students Benefit with the Student-Run Credit Union and Junior Achievement Programs6 Ways to Keep Your Finances Intact This Holiday SeasonWarming Hearts & Homes is Back. You Click. We Donate!
November(6)
October(6)
Save Money by Dining In | Butternut Squash and Chicken Chili5 Apps to Download Before the Holiday Shopping SeasonSchool Spotlight: Ridge Wood Elementary Teachers Engage Students in Financial EducationInternational Credit Union Day is October 17th!Making Banking Easier with an Updated Mobile App!Ways to Save on Food Costs in College
September(4)
August(4)
July(5)
June(5)
May(5)
April(6)
March(5)
February(5)
2018(63)
December(6)
4 Financial Resolutions for 2019 6 Financial Mistakes People Make in their 20's and How to Fix ThemSchool Spotlight: Local High School Students Learn About CreditMaking the Holidays Count When Home from College7 Naughty Scams to Watch Out for During the HolidaysWarming Hearts & Homes is Back. You Click. We Donate!
November(5)
October(6)
September(4)
August(5)
July(5)
June(5)
May(6)
April(5)
March(5)
February(5)
Steps to Buying Your First Home
Essential Tools for Every Homeowner
A well-stocked toolbox is important for every homeowner, but choosing which tools to pack inside that kit can be confusing. Here’s a compiled guide for stocking a homeowner’s toolbox at every skill level. Happy fixing!
All You Need to Know About Home Loans
What is a home loan?
A home loan enables you to buy a home without having to pull all the cash directly from your pocket at the time of purchase. You’ll need to make a down payment, which is typically between 3.5-20% of the home’s value, along with closing costs and some other fees. The home loan will finance the rest. You’ll then repay the loan, along with interest, generally over the course of 15 to 30 years.
7 Reasons Not to Skip a Home Inspection
Shopping for a new home can be an exciting blur of listings, neighborhood scouting and open houses. There’s so much to consider! You want a house in the perfect neighborhood with that gorgeous kitchen and great yard, all within your budget. And then, it all finally comes together and you think you’ve found your dream home. But don’t go “under contract” just yet!
About Community Financial
Checking & Savings
Business
Investments
Loans
Mortgage Services
Credit Cards
Student Services
eServices
Community
Member Services
Community Financial Credit Union
Visit One of Our 14 Convenient Locations