banks

Three Reasons Why You Must Join A Credit Union

Three Reasons Why You Must Join A Credit Union

For the last four months, I have been looking for commercial lenders to perform a cash-out refinance on my single family investment property. Throughout the process I have consulted with several lenders at smaller banking institutions. To this point, I have had less than stellar luck, getting denied for this or that. Finally, an investor buddy of mine gave me contact info to a prominent credit union in Philadelphia. After speaking to the business relations manager I knew I was dealing with a company that wanted to do business with me. He immediately sent me an application and the ball was rolling from there. I was approved for the cash out refinance at 70% loan-to-value of my property and should closing in the coming weeks.  

Utilize Banking Alerts To Keep You on Track

Utilize Banking Alerts To Keep You on Track

Technology has made life easier in every way imaginable. Certain advancements like global positioning system apps (GPS) have become so engrained in our lives that we could not function without them on a daily basis. Now take into account all the technology that is out there that you may not use, like google calendar, budgeting apps like mint, or personal assistant devices like amazon’s echo or apple’s siri. Some of these are simple, while others may require more involvement to utilize. Even simple advancements like the text message can help us with our finances.