Blog
/AFCU_74-infographic-1750x900.jpg?width=1750&height=900&name=AFCU_74-infographic-1750x900.jpg)
Loan Vocabulary Sheet: Key Terms to Know Before Borrowing
Filter By:
Home Equity Line of Credit vs. Second Mortgage: The Differences
In this post, we’ll review the two most common options for financing home repairs and improvements. The first is a home equity line of credit, and the second is a second mortgage. Each option has its ...
Mortgage Refinance Calculator: How Much Could You Save?
At Addition Financial, we get a lot of questions about mortgage refinancing. We work with our members to ensure they understand their options. Using a mortgage refinance calculator can help you ...
3 Benefits of Refinancing an Adjustable into a Fixed Mortgage
In this post, we’ll talk about some of the reasons people with adjustable-rate mortgages refinance into fixed-rate mortgages. We’ll also give you some of the specific benefits of doing so, so you can ...
How to Refinance Your Mortgage Loan in 9 Steps
Refinancing your home has a lot in common with buying a home for the first time. At Addition Financial we get a lot of questions about how to refinance mortgages so we thought we’d put together a ...
6 Ways to Save on Your Homeowners Insurance Cost
We’ve put together some tips and guidelines to help you negotiate with your insurance carrier. Here are six ways to save on your homeowner’s insurance cost.
Mortgage Talk: Home Appraisal Requirements and Who Pays for It
In this post, we'll explain why your mortgage lender will require a home appraisal, what you should expect the cost to be and who is responsible for covering the cost.
Why You Should Avoid the Cheapest Home Inspection Cost
As the expenses of buying a home pile up, it might be tempting to comparison shop your home inspection cost and choose the least expensive option. Here’s why that's a bad idea.
Everything You Need to Know About Closing on a House
We’ve put together this post explaining everything you need to know about closing on a house, so you can be prepared.
The Importance of a Property Title & Owner Search Under Contract
We frequently get asked about a property title and owner search. People want to know if it’s necessary to do a title search when they’re under contract. The short answer is yes, but let’s talk about ...
Beyond the Mortgage: What is the Real Cost of Buying a House?
If you’re preparing to buy a home, you’re probably thinking about money. You know you’ll need to qualify for a mortgage and make your monthly payments. What you may not know is the real cost of ...
The Pros and Cons to Selling Your Own Home
There are pros and cons to deciding to sell your own home. In this post, we’ll look at both to help you decide which option is best for you.
The Process of Buying a House: From Pre-Approval to Closing
The process of buying a home can be a complicated one. The steps outlined here will, we hope, help you understand the process so you know what to expect.
