Category: Home Equity
How a Bridge Loan Works
A bridge loan lets you use the equity in your current home to fund the down payment on your next one—so you can buy first, sell second, and move once. Buy Before You Sell: How a Bridge Loan Works (Without the Headache) At People Driven Credit...
Continue Reading
Bridge Loans vs. 80-10-10 Piggyback
Bridge loans and 80-10-10 piggybacks both help you buy a home, but they solve different problems. A bridge loan tackles timing (buy before you sell). An 80-10-10 tackles structure (keep the first mortgage at 80% to avoid PMI). Different Tools,...
Continue Reading
Autumn Home Maintenance Tips to Protect Your Investment
Fall is the sweet spot for home maintenance in Michigan, cool enough to work, early enough to beat winter. A few weekend projects now can help prevent leaks, drafts, and surprise repairs later. Use this checklist to protect your most significant...
Continue Reading
The Benefits of a HELOC for Summer Home Projects
Summer is the perfect season for home improvement. The weather’s ideal, the days are longer, and there’s just something about sunshine that makes you want to refresh and upgrade your space. Whether it’s a new deck, updated kitchen, landscaping, or...
Continue Reading
Use a HELOC to Finance Energy-Efficient Home Upgrades
Making your home more energy-efficient is a wise investment and it’s more affordable with the right financing. At People Driven Credit Union, our Home Equity Line of Credit (HELOC) provides you with flexible and affordable access to funds for...
Continue Reading
Memorial Day Home Equity Loan Special
Memorial Day Weekend Special: Save $526 on Your Home Equity Loan or HELOC This Memorial Day weekend, People Driven Credit Union is making it easier—and more affordable—to put your home’s equity to work. Whether planning summer renovations,...
Continue Reading
Using a Home Equity Loan for Major Life Events
Life’s most significant celebrations—whether it’s a destination wedding, a dream vacation, or a once-in-a-lifetime family reunion—are filled with memories that last forever. But the costs of planning such events can be overwhelming, and...
Continue Reading
How to Qualify for a Home Equity Loan
How to Qualify for a Home Equity Loan: What You Need to Know If you’ve built up equity in your home, a Home Equity Loan could be a smart way to access funds for home improvements, debt consolidation, or other major expenses. However, qualifying for...
Continue Reading
Using Home Equity to Invest in Your Family’s Future
Using Your Home’s Equity to Invest in Your Family’s Future Your home isn’t just a place to live—it’s one of your most valuable financial assets. Over time, as you pay down your mortgage and property values increase, you build equity in your...
Continue Reading
Using a Home Equity Loan in Retirement
Planning for Retirement? Consider Using a Home Equity Loan As you approach retirement, financial planning becomes more important than ever. Whether you're considering funding future retirement expenses, purchasing a retirement home, or simply...
Continue Reading
