There’s a lot of misinformation, perpetual myths and urban legends in the mind of your average consumer about getting pre-qualified for a mortgage, shopping for a home and buying the property. Your credit union has an opportunity to straighten things out. How? Through hosting a series of home buyer seminars — whether monthly, quarterly or bi-annually. […]
Manufactured Housing Makes Home Ownership Affordable
With rent prices increasing and the cost of living on the rise, many aspiring homebuyers are finding it difficult to find affordable housing. It’s important that potential homebuyers have the option of affordable housing, which means not paying more than 30% of their income on housing costs. Manufactured housing is a great solution to not […]
Manufactured Homes Create New Opportunities for Both Consumers and Financial Institutions
With the price of housing continuing to rise today, some consumers may soon be priced out of owning a home. According to Redfin, places like Columbia, SC, home prices increased 24% in late 2019; Delray Beach, FL, prices went up by 21%; Detroit, MI, rose 17%; Pittsburgh, PA, up by 15%; Boise, ID, up 12%. […]
CU Members Mortgage Now Offers Home Loans for Manufactured Homes
January 14, 2019, Dallas, TX – CU Members Mortgage, a division of Colonial Savings, F.A., now offers home loans specific for manufactured homes. This new product is the first to lead the way of affordable housing solutions necessary for the changing market place. More than 22 million Americans live in manufactured homes, which make up […]
Hiring a Contractor? You’re Going to Want to Read This…
Kitchens. Bathrooms. Floors. Walls. Ceilings. Your to-do list goes on and on. Whether you’re a new or existing homeowner, chances are that sometime in your life you’ll encounter “how” you want to upgrade your home and what your budget is. It’s not uncommon to spend $20,000 – $30,000 on just one project or a few […]
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