Living Quarters

Home is where most of us are spending a lot more time these days, which may give some an itch to change things up. However, sometimes our budgets are not quite as big as our wishes for a change. Don’t worry, there are still plenty of ways you can update your home without breaking the bank. Whether it’s improving the appearance or functionality of a space, there is a good amount you can do on a budget that will make

Learn about how to refinance your home and what to expect from the process here! What is a mortgage refinance?Refinancing your mortgage basically means that you are trading in your old mortgage for a new one. The new loan pays off the old one so you’re left with just one loan and payment. How do I refinance my home? A mortgage refinance replaces a home’s current first mortgage with a new mortgage.  The rates and terms may differ from the original mortgage depending

At the beginning of the new year, many people take the time to organize their living space for a fresh and clean start. However, organization supplies can get expensive!  Here are a few budget friendly tips and tricks to consider when organizing your home. General Tip: Your local dollar store may not be ideal for certain household items, but when it comes to organizing tools, it can be the perfect place to shop. You can find a good amount of options

Selling your house can be daunting for many reasons. Making sure the home you’ve gotten used to ready to sell while trying to get everything packed up is emotional and stressful. We’ve come up with some tips and tricks to help make the transition a little easier and make your home more appealing to potential buyers.  Make A Good First Impression When potential buyers pull up to the house, curb appeal is the first impression they will have. Clean surroundings and

Owning and renting each have their advantages, but what’s best for you depends on your circumstances.  Some great things about owning are listed below! You’ve probably heard the phrase, “pay yourself, not your landlord.” Basically, it means if you own your own home, you can build equity, and eventually, you may be able to sell your home for a profit, or pass it down through generations. As a renter, the equity in the property where you live doesn’t belong to

Finalizing your mortgage is perhaps the most crucial step in the home-buying process. It’s important to be prepared by creating a pre-closing checklist for home buyers and a closing checklist for buyers, so you know what to expect. The lenders here at Bank Five Nine have decades of experience and serve as your trusted advisor throughout the entire process. Our goal is to ensure that you feel completely comfortable with each step. Here is what to expect for a closing checklist:

If you’re in the process of purchasing or refinancing a home, or even just in the research stage, you’ve probably heard the term ‘closing costs’ more than once. Closing costs are a necessary part of any mortgage loan transaction. However, not everyone knows what they’re comprised of, why they exist, or how they work. Before we dive in, there are a few terms we’ll reference that we’ve defined below: Here are some things you should know. Who pays more closing

Several one-off expenses are involved in buying and moving into a new home. When you’re thinking about fees associated with buying a house, make sure you plan for these: Purchasing a home is probably one of the biggest decisions you’ll ever make. There is a lot to consider and often a lot of questions you would like answered including where to start. You can start with Bank Five Nine and our local lenders to learn about all the fees associated

There are several financial activities can change your approval for a mortgage, and some that may even disqualify you. Here are ten things that could negatively affect your application for credit. Before you make any purchases or employment changes, talk to your lender. Want to learn more? Click here to contact one of our mortgage lenders! These are the experts! We have a team of mortgage lenders ready to help with all your home financing needs.

As we’ve all been told over and over again, buying a home is one of the biggest purchases you’ll probably ever make. And if the housing market is a seller’s market, there’s a lot of additional things to consider including are you willing to get into a bidding war, are you okay with compromising some items on your wish list, and at the end of the day, can you afford to live the life you’re accustomed to AND purchase this home.