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Coronavirus (COVID-19) Update
The health, safety and well-being of our customers, employees and communities continues to be our top priority. Due to varying safety recommendations in the areas surrounding our branches, some locations are open to the public, while others remain open by appointment only. All drive-thru services and hours remain unaffected. Please use our Lobby Reopening Schedule to determine if an appointment is required before your visit. We will be updating the list regularly. Please avoid branch lobby visits if you are sick, have been exposed to the virus, or have traveled to a high-risk area.

Rest assured, we are deeply committed to being responsive to the needs of all of our customers. We appreciate your understanding during this time.

To buy or to rent… that is the question?

By Amy Nilson, Mortgage Loan Officer

I run into people all the time who say “I can’t afford to buy a home” and I immediately ask, “Are you sure?” Often a mortgage payment can be similar to what you pay for rent, but as a homeowner you add equity (home equity is the current market value of your home, minus what you owe) with each payment.

"But what about the hefty down payment needed?" Many young people believe they must rent until they build a small fortune to buy a house. While saving is never a bad idea, you might be surprised to know there are loan options with low to NO down payment, not to mention programs that allow for down payment assistance.

If you are feeling overwhelmed by the idea of buying a home, don’t be. Find a trusted mortgage loan officer sooner rather than later. Not all mortgage loan officers are created equal. Your mortgage loan officer should be knowledgeable on community assistance, grants, and home buyer education. It’s their job to help navigate the options to find the best loan for you.

Give us a call and we can guide you through the process and answer your questions along the way.

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Stock photo of family talking to mortgage loan officer

When Should I Refinance?

Defined below are some common types of refinance and also some reasons why a refinance may be something to consider.