Category: Home Mortgage
Dream of Homeownership? Prepare Your Finances 1st
Dream of Homeownership? Prepare Your Finances First. The dream of homeownership is one of the most significant financial decisions most people make in their lifetime. The gap between wanting to own a home and being financially ready to qualify for a mortgage can feel wide, but it is bridgeable with the right preparation. People Driven Credit Union has partnered with ...
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Exploring Adjustable-Rate Mortgages for Your New Home
What Is an Adjustable-Rate Mortgages? An Adjustable-Rate Mortgage (ARM) starts with a fixed interest rate for a set number of years, then adjusts periodically based on market conditions. People Driven Credit Union offers two ARM options for primary residence purchases and refinances. 7/1 ARM: Your interest rate is fixed for the first seven years. After that, it adjusts once per ...
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