Building vs. Buying. Construction Loan Basics

For the Home, Uncategorized

Basics of construction loans

Looking for a new home and not finding what you want? Building a home can be very enticing. And if your budget allows it, you can get the exact floor plan and finishes you prefer, and everything is brand new. Just make sure you know what to expect before you finance a new construction home. A lot of patience is …

6 Step Guide To The Mortgage Loan Process – Made Easy.

For the Home

Guide to the Mortgage Loan Process

You found a home! There is a rush of excitement and uneasiness at the same time and you are likely wondering about the timeline and steps required to make this a done deal. Your realtor will guide you through the negotiation process on price and basic timing for possession of the home. Once your offer is accepted and you have …

Buying a New Home? 5 Reasons To Partner With a Credit Union

For the Home

5 Reasons to partner with a credit union when buying a house.

If you have made the decision to take the plunge and buy a home, you should take great care to get the right lending partner. It’s is a big decision with lots of nuances to consider regarding your finances. With thousands of different banks, credit unions, and even online options, how will you pick the best financial partner for your …

Buying a Home: Before or After Retirement?

For the Home

Should you buy a home before or after retirement?

A move to a smaller home is a positive lifestyle and financial change all empty-nesters and retirement age individuals should consider. While there are many fond memories of the home in which you raised your family, it’s time to think about your own needs as you approach a new phase in life. Many people dream of buying their ideal retirement …

When Should I Put My House On The Market?

For the Home

house for sale

If you’re thinking of selling your home, think spring. That’s because the season of blossoming flowers and gentle breezes has traditionally held the designation as the best time of year to sell a home. Before you start prepping your home for a photo shoot that shows it off in the best light, take a moment to consider your particular circumstances …

7 Ways To Save Money On Camping Costs

Personal Finances

7 Ways to Save Money on Camping

If you’re planning a camping trip for the summer and would love to keep the trip as low-cost as possible – we can help! Read on for seven ways to save on camping costs. 1. Save on location Nightly rates for camping sites can cost a pretty penny during peak camping season. But why pay the fee when you can …

Mortgage Rates Are Dropping; Should You Refinance?

For the Home

Mortgage Refinance

Should you take advantage of the dropping interest rates by refinancing your mortgage? Refinancing a mortgage is essentially paying off the remaining balance on an existing home loan and then taking out a new mortgage on the same home, often at a lower interest rate. It may sound like a no-brainer, but there are many factors to consider. Is it …

5 Things You Need To Know About Credit Life Insurance

Personal Finances

Credit Life Insurance

You probably have life insurance, but what about credit life insurance? It’s not for everyone, and the premiums are higher than regular insurance, but if you’re carrying a lot of debt, it can prevent your family from having to pay off your debts after you pass away. Some lenders will require it, but depending on where you live, the insurance …

DCU Fraud Policy Overview: Debit/Credit Card Data Breaches

DCU Member News & Info, Security and Scams

DCU Fraud Policy Overview icon with finger pointing on lock inside an outlined shield icon

It can be overwhelming with endless reports of data breaches, cyber-attacks and fraud. Here at Directions, we want to help you understand these data breaches as much as possible! First and foremost, data breaches happen at the merchant/business level – not at your financial institution. Directions Credit Union has never experienced a data breach. How data breaches occur Businesses that …

Student Loans Scams

Security and Scams, Student Money Tips

student loan scams

College students, take note! If keeping up with your coursework, acing your exams and scrambling to hand in every term paper before the deadline weren’t enough, you now have something else to worry about: Student loan scams are on the rise! Scammers know you hate owing tens of thousands of dollars, so they’re quick to offer you an easy — …