HRCCU Blog on Finance, Banking, Saving & More – Page 19

What is PMI & How You Can Avoid Paying it

PMI — it sounds like one of those three letter acronyms that you’ve heard in passing, but don’t exactly know what it means. But if you’re mortgage shopping, it’s important to understand exactly what PMI is and why you should give serious consideration to avoiding it. You don’t want to commit to a mortgage loan… Read more »

Stuart M.Townsend Elementary School Students Visit HRCCU

At HRCCU, we welcome students to our branches to learn and experience what we do everyday. On June 6th, 2019, our Corinth branch hosted 23 students in our youth banking program from Stuart M Townsend Elementary School in Hadley-Luzerne for their end-of-the-year field trip!

How to Get the Best Auto Loan Rates

Searching for the best auto loan rates requires taking inventory of your own personal finances and deciding on a financial institution that has what you’re looking for. This can seem like an especially tall task if you’ve never searched for an auto loan before. Before you dive into the process of finding your ideal car loan, check… Read more »

Dos & Don’ts When Considering a Home Equity Loan

Taking out a home equity loan can be a promising prospect, particularly when you’re looking for an influx of money for more expensive endeavors — be it large home remodeling and/or renovations, paying off high-interest debts, or finding money for college tuition. Despite the appeal, when it comes to taking out a second mortgage on… Read more »

3 Common Car Loan Mistakes

Buying a new car is an exciting prospect. There’s nothing quite like searching for a new vehicle, reading up on all the different features, and finding the vehicle that fits your needs and wants perfectly. Getting a car loan, on the other hand, can be an arduous process, and sometimes the excitement of getting the car… Read more »

3 Essential Tips for First-Time Home Buyers

Buying a home is a huge life decision and can be especially nerve-wracking when you’re buying for the first time. Just like anything that you do for the first time, there’s a learning curve that you have to climb before you can get a good sense of the best strategies for home buying. With this… Read more »

5 Steps to Get Your Mortgage Application Approved

Getting approved for a mortgage loan can seem confusing, especially to first-time homebuyers. But with the right preparation and planning, the mortgage application process can get easier, setting potential borrowers up for quicker approval. Here are five steps to mortgage approval.