The current housing market presents unique challenges, including rising home prices and tight inventory. Here are 3 steps to help you overcome these hurdles and achieve your homeownership goals.
The question you will face is whether you can deduct these fees immediately or whether they are added to the cost basis of your home.
In the past, lenders traditionally required a down payment of at least 20% of the purchase price of a home. Today, many lenders offer loans with lower down payments. In addition, certain private and government entities have low down payment programs.
A real estate agent is a key partner on your home buying journey. In addition to finding you potential homes, they also guide you and advocate for you throughout the process. But how do you decide which one is the right fit for you and your needs? The right real estate agent for you should be familiar with your prospective neighborhood, experienced, and is someone you’ll enjoy working with.
If you don’t really know what you’re looking for in a home, how do you find the right one? Careful planning and consideration of your options can help ensure that you will be happy with the one you select.
In the past, lenders usually required a down payment of at least 20 percent of the purchase price of a home. Today, many lenders offer loans with lower down payments. In addition, certain private and government entities have low down payment programs
If you want to buy a home with your partner, you may be able to qualify for a larger mortgage than if one partner alone applied for the loan.
When it comes to buying a house, poor credit can limit your opportunities and result in higher interest rates and bigger payments. But with a little planning, you can boost your credit score ahead of your home loan pre-approval so you’ll be ready to make an offer on your dream home.
A Home Equity Loan leverages the equity you’ve built in your home to get access to funds at a lower rate than other loan types. A Home Equity Loan is a closed-end loan, meaning you get a lump sum and repay it with interest over a specified term.
Your HELOC provides more flexibility to support your goals than other loan options due to the low adjustable rate, no minimum advance requirements, no prepayment penalty, and flexible repayment terms.
In the spirit of “People Helping People,” SESLOC marks National Cybersecurity Awareness Month to help you stay aware of cyber threats.
In the Credit Union spirit of “People Helping People,” we’re launching an Emergency Loan program designed to help members affected by the 2025 U.S. Federal Government Shutdown
It’s been a busy quarter behind the scenes as we continue to work for you, our member-owners, and our Central Coast community.
SESLOC was honored with two awards: The 2025 Pacific Coast Business Times list of “Fastest Growing Companies” and a Bauer 5-Star rating.
SESLOC is making it possible to access more of the value in your homes, giving you more options to unlock cash when you need it.