Homeowners

Making Your Home Eco-Friendly
By Diego Arteaga, Mortgage Loan Officer As we become more conscious about our environment, having an eco-friendly home is becoming a priority for many homeowners. An eco-friendly home is not only going to help contribute to a sustainable environment, but it can also lead to big savings over time. Some of the most practical ways to make your home eco-friendly are through insulation, energy-efficient bulbs, and smart thermometers. Insulation Having the proper insulation in a home allows homeowners to trap the heat inside of the house, which decreases the use of gas needed to properly heat the space. The most common ways to insulate ...
What is Title Insurance?
By Barb Bartus, Sr. Mortgage Loan Officer Buying or selling a home can be an exciting time. It can also be a bit confusing. Sometimes things feel like they are moving pretty fast, and sometimes some important things can go unexplained - like title insurance. Title to a piece of property is evidence that the owner is in lawful possession of that property. In Michigan, the seller must convey marketable title to a purchaser. Title insurance is a unique form of insurance. It protects the real estate owner and lenders against any property loss or damage they might experience because of liens, encumbrances, ...
House Projects to Work on in the Winter
By Jessica Smith, Mortgage Loan Officer The winter season is long and cold, but for some, it is the perfect time to start projects, or enjoy winter activities. However you spend your time for the winter months, why not make the most of it by completing a DIY project or two? When it's too cold or snowy to go outside, the weekends provide the perfect opportunity to spend some time embracing and improving your indoor space. Deciding which potential home projects to complete before spring arrives may not come easy, but here are a few suggestions: Bathroom: Re-grout your tile, paint your ...
Ways to Pay for Home Renovations
By Andy Towne, Plymouth and Okemos Branch Manager Whether you're renovating a kitchen, adding more space, remodeling that old bathroom or finishing your basement, every homeowner has dreams of how to improve their home. Just as the myriad of improvement projects possible may seem daunting, so may the many different ways to pay for it. Even if you have the cash on hand to finance your project, there may be more financially savvy ways to accomplish your goal of living in the home you always dreamed of. Just as the needs of your family are unique, so is each individual’s financial situation. When ...
Bridge Loans Explained
By Andrew Mroki, Mortgage Loan Officer The idea of purchasing a new home while also trying to sell your existing home can seem impossible, but it doesn't have to be. You might wonder, "how can I save for a down payment on top of my current mortgage?" A bridge loan allows you to borrow against the equity of your current home to leverage as a down payment for a new home. Once your current house sells, the bridge loan will be repaid with the proceeds. Think of this option as a bridge to get you out of one house and into ...
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