Posts with tag 'For Buyers'
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The 5 Stages of Buying a Home
At Idaho Central Credit Union, we know how overwhelming the task of purchasing a home can be, especially in this market! As exciting and life-changing as it is, the process of buying a home can also be very emotional. ICCU's home loan specialists are here to help you through the rollercoaster and make the transition to home ownership as smooth as possible.
We have broken down several emotions you can expect to feel on the journey to becoming a home owner, and some unique benefits that ICCU offers to help along the way!
Excitement
The excitement is palpable! You've decided to make one of the largest purchases of your life! The options are endless and the housing market is your oyster....
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Federal Housing Finance Agency Announces New Mortgage Fees
Back in January 2023, FHFA announced they would make changes to loan level price adjustments (LLPAs) which would cause mortgage borrowers to see higher (and in some cases, lower) mortgage rates than they are used to. With all the changes, you can always count on your trusted lender at ICCU to keep you and your borrowers updated. While some changes are less than favorable, there are some sweet spots still available to borrowers. Reach out to ICCU if you have any additional questions, but Mortgage News Daily gives a good breakdown below…
What do you mean by "fees/costs?"
This refers to Loan Level Price Adjustments (LLPAs) imposed by Fannie Mae and F...
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2023 Home Resolutions
New Year's Resolution Tips for Your Home
With 2022 almost behind us, it's a good time to reflect upon the year, your wins, losses, and any lessons learned. Every new year brings with it possibilities to improve.
Most people vow to exercise, save money, or spend more time with family. Few people remember to set goals to get their homes in shape. Let's look at some New Year's resolutions you can set for your home and how you can go about bringing them to fruition.
- Declutter and Streamline
Why wait for spring to declutter? Decluttering is one of the best ways to start the new year. And the best part is you get to feel instantly better about your home. Plus, a decluttered home is so much easier to look after and maintain. Decluttering an entire home is a big job. The b...
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Tips for Budgeting for Your New Home
Buying your dream home should be one of the most joyful events, and Idaho Central wants it to be that way. Although buying a home can be stressful at times, especially when it comes to the expenses that come along with it, taking the time to budget for a new home can save you from some of the stress, making buying your dream home a dream experience as well! So, how do you budget for a new home?
Calculate household income after tax
When you're considering buying a new home, it's important to calculate your household income after taxes first. Calculating your household income after taxes is the first step to not only budget for your dream home, but also for your day-to-day budget...
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Remodels Worth the Investment
Home Renovations That Offer the Best ROI for Resale
The following is a guest post by GUSTAVO GONZALEZ, Senior Manager of Content and Multimedia at Coldwell Banker Real Estate, LLC
Looking to make some upgrades and wondering which will have the biggest payoff? If you guessed kitchen and bathrooms, you're spot on. Another good one is landscaping. Whether they're big or small, a few upgrades can pay big dividends when it's time to sell your home. Follow these tips to prioritize and put more money in your pocket when you're ready to sell.
Before you do anything, make sure you consider the value of your house, the neighborhood, the housing market where you live, and how soon you will...