× Close search
Search

7 Pitfalls to Avoid When Looking for the Best Mortgage Lenders

Posted by Carolina Trust Federal Credit Union on Oct 6, 2020 1:37:55 PM

If you are thinking about buying a new home, then this is an exciting time; however, buying a home is also a big decision. For this reason, you need to make sure that you take the time to get this decision right. That also means working with the right mortgage lender. Unfortunately, there are a lot of common mistakes that homebuyers may make when looking for a lender. Understand these common pitfalls so you can make sure to avoid them.

Read More

Topics: Personal Finance, Real Estate & Home Buying, Home Loans

Need to Refinance? Find the Best Mortgage Lenders: 10 Tips and Tricks

Posted by Carolina Trust Federal Credit Union on Oct 2, 2020 1:38:00 PM

If you are thinking about refinancing your mortgage to a lower rate, then you are probably looking forward to saving money on your monthly payments. You can also go through the refinancing process to tap into the equity in your home to finance home improvements while also consolidating your other debts. At the same time, this is a big decision and you need to work with the best mortgage lenders to get a new home loan that is favorable to your financial situation. When it comes to refinancing your first mortgage, there are a few tips to follow.

Read More

Topics: Personal Finance, Real Estate & Home Buying, Home Loans

Finding a Better Mortgage Can be Tricky - Tips to Refinance with Ease

Posted by Carolina Trust Federal Credit Union on Oct 1, 2020 1:50:00 PM

If you are thinking about refinancing your mortgage, then you know that this is a great way to save money on your monthly payment, shorten the term of your loan, or tap into the equity of your home for a home improvement project. At the same time, refinancing is like taking out a new home loan. For this reason, you need to know what to expect. There are a few tips that you should follow to make it easier for you to refinance successfully.

Read More

Topics: Personal Finance, Real Estate & Home Buying, Home Loans

Best Ways to Get the Most from Your Home Improvement Loan

Posted by Carolina Trust Federal Credit Union on Jul 7, 2020 2:48:05 PM

Everyday people secure home improvement loans for a wide variety of reasons. Some feel they need to upgrade rooms or build an addition for resale value purposes. Others want to improve the quality of life experience of living in the space. The different goals make it nearly impossible for someone to definitively say that one way or another is the best way to utilize home improvement loans. That’s because it really comes down to maximizing the benefit you want. But for argument's sake, let’s consider two tracts about “best” uses — lifestyle and return on investment (ROI).

Read More

Topics: Home Equity, Home Improvement, Home Loans

Here Are the Top Three Ways to Use Your Home Equity to Remodel

Posted by Carolina Trust Federal Credit Union on Jul 7, 2020 2:44:47 PM

At its core, the concept behind home equity is a simple one. It’s a term that describes the difference between the fair market or “appraised” value and the outstanding balance of any and all loans that you may still owe. If your home was worth $200,000 and you still owed $100,000, for example, the equity on your home would be $100,000.

Read More

Topics: Home Equity, Home Improvement, Home Loans

WBTW Living Local - Home Equity Loans and HELOC for Home Renovation

Posted by August on Jul 3, 2020 9:03:34 AM

As you may know, Carolina Trust has recently partnered with WBTW News 13's Living Local Carolina show for a Financial Friday segment. During one of our recent Financial Fridays, we had the opportunity to visit one of our members' beautiful home in Murrells Inlet, SC and talk about Home Equity Loans and Lines of Credit with our Mortgage Loan Officer, Kelly Rowland. 

Read More

Topics: Home Equity, Home Improvement, Home Loans

What is a Home Equity Loan and Can it Help with Debt Consolidation?

Posted by Carolina Trust Federal Credit Union on Feb 14, 2020 10:15:00 AM

When hard-working people find themselves swimming in high-interest debt, it’s time to look for a lifeline and pull yourself out. Leveraging your home equity to consolidate monthly payments that are crushing your financial health and quality of life can be a game-changing solution.

Read More

Topics: Home Equity, Home Loans, Debt Consolidation

Carolina Trust Federal Credit Union Blog 

Welcome to the Carolina Trust Federal Credit Union Blog! We're excited to share financial tips and information for a variety of different topics.

alwaysaugust_2colorlogo

Check out recent blog posts by our Brand Ambassador, August, for tips on achieving financial success in the bag. 

 

Subscribe Here!

Recent Posts